Leo Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 08:44 am EDT
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Leo Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 4,355.598 million compared to CNY 3,818.419 million a year ago. Operating loss was CNY 695.158 million compared to operating Income of CNY 107.565 million a year ago. Net loss was CNY 507.968 million compared to net income of CNY 87.699 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago.
Leo Group Co., Ltd. is a China-based company, principally engaged in the machinery manufacturing and the provision of Internet services. The Company operates its businesses through two segments. The Machinery Manufacturing segment is engaged in the research and development, manufacture and sales of pumps, garden machinery, cleaning and plant protection machinery. The Internet Services segment mainly provides digital marketing services, digital media agency services, data integration services and precision marketing services, among others. The Company conducts its businesses in domestic and overseas markets.