Hubei Chutian Smart Communication Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 05:56 am EDT
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Hubei Chutian Smart Communication Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 282.237 million compared to CNY 800.849 million a year ago. Operating loss was CNY 10.535 million compared to operating Income of CNY 249.115 million a year ago. Net loss was CNY 13.617 million compared to net income of CNY 187.632 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.11 a year ago.
Hubei Chutian Smart Communication Co Ltd is a China-based company mainly engaged in road and bridge operations and intelligent technology. The Company operates its businesses through two segments. The Road and Bridge Operations segment is mainly engaged in the investment, construction and operation management of toll roads. The Intelligent Technology segment is mainly engaged in the operation of intelligent manufacturing and intelligent transportation businesses. Intelligent manufacturing is mainly engaged in the research and development of intelligent terminal products and software, hardware manufacturing and product sales. The intelligent transportation business mainly provides services such as overall research and development, manufacturing, integration, operation and maintenance of transportation-related software and hardware products. The Company mainly operates its businesses in the domestic market.
HUBEI CHUTIAN SMART COMMUNICATION CO.,LTD. 
