Fujian Furi Electronics Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 01:55 pm EDT
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Fujian Furi Electronics Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,717.363 million compared to CNY 2,733.926 million a year ago. Operating loss was CNY 76.963 million compared to operating Income of CNY 19.237 million a year ago. Net loss was CNY 56.451 million compared to net income of CNY 13.682 million a year ago. Basic loss per share from continuing operations was CNY 0.1237 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago.
FUJIAN FURI ELECTRONICS CO., LTD is a China-based company principally engaged in communication and smart appliance business, as well as trading business. The Company operates its businesses mainly through import and export trading of mechanical and electrical products, textile, food, petrochemicals, steel and other types of commodities, as well as the manufacture of light emitting diode (LED) lighting equipment, household appliances and electronic communications products. The Company is also engaged in software and technology development business. The Company conducts its businesses in domestic and overseas markets.
FUJIAN FURI ELECTRONICS CO.,LTD 
