Rightway Holdings Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 17, 2020 at 06:19 am EDT
Share
Rightway Holdings Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 301.355 million compared to CNY 701.854 million a year ago. Operating loss was CNY 119.030 million compared to operating Income of CNY 2.452 million a year ago. Net loss was CNY 114.129 million compared to net income of CNY 4.599 million a year ago. Basic loss per share from continuing operations was CNY 0.0756 compared to basic earnings per share from continuing operations of CNY 0.003 a year ago.
Rightway Holdings Co Ltd, formerly Sichuan Guodong Construction Co Ltd, is a China-based company principally engaged in the business of new material manufacturing and industry-city integration. The Company primarily operates its businesses through four segments. The Manufacturing Business segment is mainly engaged in the production and sales of fiberboards. The Zhengyuan International Hui Project segment mainly invests in the construction of the Shuangliu Zhengyuan International Hui Industry and City Integration Project. The Service Business segment is mainly engaged in hotel management business. The Engineering Business segment is mainly engaged in construction and installation business. Through its subsidiary, the Company is also engaged in financial investment business.
RIGHTWAY HOLDINGS CO.,LTD. 
