Beijing Dynamic Power Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 07:06 am EDT
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Beijing Dynamic Power Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 95.769 million compared to CNY 166.624 million a year ago. Operating loss was CNY 50.395 million compared to CNY 19.242 million a year ago. Net loss was CNY 44.449 million compared to CNY 18.387 million a year ago. Basic loss per share from continuing operations was CNY 0.079 compared to CNY 0.033 a year ago.
Beijing Dynamic Power Co., LTD is a China-based company, principally engaged in the manufacture and distribution of power supply products. The Company is also engaged in the high voltage transducers and comprehensive energy saving business, and new energy automobiles business. The Company mainly provides direct current (DC) power supply products and alternative current (AC) power supply products, including uninterrupted power supply products, communication power supply products and emergency power supply products. The Company also provides high voltage transducers, off-board charging products and vehicle powertrain assembly core components. The Company conducts its businesses within domestic market and to overseas markets.