Shanghai Fenghwa Group Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:28 pm EDT
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Shanghai Fenghwa Group Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 17.815 million compared to CNY 9.057 million a year ago. Operating income was CNY 605,253.99 compared to operating loss of CNY 357,098.18 a year ago. Net loss was CNY 4.071 million compared to CNY 1.147 million a year ago. Basic loss per share from continuing operations was CNY 0.022 compared to CNY 0.006 a year ago.
Chongqing Fenghwa Group Co Ltd, formerly Shanghai Fenghwa Group Co Ltd, is a China based company principally engaged in the research and development, manufacture and sales of magnesium alloy and aluminum alloy products. The Company's main businesses include auto parts magnesium alloy, aluminum alloy products and all-aluminum home custom design and manufacture. Its main products include automobile steering wheel frame, automobile seat slide rail, automobile instrument back cover, motorcycle parts, hand tools and other magnesium alloy and aluminum alloy die-casting parts, as well as all-aluminum home office products, wall panels, new partition screens and home improvement wardrobes, cabinets, bathroom cabinets and others. The Company's products are distribute in domestic and overseas markets.
CHONGQING FENGHWA GROUP CO., LTD. 
