China Reform Culture Holdings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 27, 2022 at 06:01 am EDT
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China Reform Culture Holdings Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 442.22 million compared to CNY 694.16 million a year ago. Revenue was CNY 444.45 million compared to CNY 699.39 million a year ago. Net loss was CNY 427.85 million compared to net income of CNY 155.53 million a year ago. Basic loss per share from continuing operations was CNY 0.9573 compared to basic earnings per share from continuing operations of CNY 0.348 a year ago. Diluted loss per share from continuing operations was CNY 0.9573 compared to diluted earnings per share from continuing operations of CNY 0.348 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.