China Reform Culture Holdings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 24, 2020 at 03:59 am EDT
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China Reform Culture Holdings Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,248.220 million compared to CNY 1,663.578 million a year ago. Operating income was CNY 175.884 million compared to CNY 830.164 million a year ago. Net income was CNY 119.412 million compared to CNY 543.099 million a year ago. Basic earnings per share from continuing operations was CNY 0.2672 compared to CNY 1.2151 a year ago.
China Reform Culture Holdings Co Ltd, formerly Shanghai 3F New Materials Co Ltd, is a China-based company mainly engaged in cultural and educational businesses. The Company operates two main businesses. The culture and education business focuses on investment and construction, financial services, operation and maintenance in the education informatization field. The vocational education business focuses on the field of integration of production and education, uses digital technology to create training laboratory products and provides supporting services, and provides colleges and universities with practical teaching solutions that synchronize with industrial development.
CHINA REFORM CULTURE HOLDINGS CO., LTD. 
