China Reform Culture Holdings Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 04:11 am EDT
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China Reform Culture Holdings Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 202.307 million compared to CNY 556.736 million a year ago. Operating income was CNY 31.887 million compared to CNY 25.236 million a year ago. Net income was CNY 32.330 million compared to net loss of CNY 16.805 million a year ago. Basic earnings per share from continuing operations was CNY 0.0723 compared to basic loss per share from continuing operations of CNY 0.0376 a year ago.
China Reform Culture Holdings Co Ltd, formerly Shanghai 3F New Materials Co Ltd, is a China-based company mainly engaged in cultural and educational businesses. The Company operates two main businesses. The culture and education business focuses on investment and construction, financial services, operation and maintenance in the education informatization field. The vocational education business focuses on the field of integration of production and education, uses digital technology to create training laboratory products and provides supporting services, and provides colleges and universities with practical teaching solutions that synchronize with industrial development.
CHINA REFORM CULTURE HOLDINGS CO., LTD. 
