Huatu Cendes Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 05:37 am EDT
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Huatu Cendes Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 22.746 million compared to CNY 48.337 million a year ago. Operating loss was CNY 6.878 million compared to operating Income of CNY 2.866 million a year ago. Net loss was CNY 7.996 million compared to net income of CNY 2.776 million a year ago. Basic loss per share from continuing operations was CNY 0.1 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago.
Huatu Cendes CO., LTD., formerly Cendes Co., Ltd., is a provider of construction engineering design and related consulting services. Specific services offered by the Company include pre-project consulting, conceptual design, schematic design, preliminary design, construction design, construction coordination and other services, covering all types of housing, urban complexes, public buildings, planning, landscape and interior design business, among others. The Company mainly operates its businesses in the southwest of China.