Shandong Xinneng Taishan Power Generation Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 07:28 am EDT
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Shandong Xinneng Taishan Power Generation Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 611.243 million compared to CNY 1,925.841 million a year ago. Operating loss was CNY 42.925 million compared to operating Income of CNY 501.094 million a year ago. Net loss was CNY 75.417 million compared to net income of CNY 368.290 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to basic earnings per share from continuing operations of CNY 0.286 a year ago.
Shandong Xinneng Taishan Power Generation Co Ltd is a China-based company mainly engaged in industrial park development, comprehensive asset operation and bulk commodity supply chain business. The Company operates its businesses through four segments. The Real Estate Sales segment is mainly engaged in the sales of residences, hotels, shops, and office buildings. The Wire And Cable segment is mainly engaged in the research and development, manufacturing and sales of wire and cable, optical fiber cable, power optical cable and other products. The Main Commodities of Supply Chain business segment include communication cables and power cables. The Property Service segment mainly provides comprehensive asset operation services such as customer service, equipment, security, cleaning, landscaping, catering, and conference affairs. The Company mainly operates its business in the domestic market.