Shandong Xinneng Taishan Power Generation Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 08:12 am EDT
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Shandong Xinneng Taishan Power Generation Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,339.192 million compared to CNY 2,410.965 million a year ago. Operating loss was CNY 71.448 million compared to operating Income of CNY 509.339 million a year ago. Net loss was CNY 103.837 million compared to net income of CNY 370.197 million a year ago. Basic loss per share from continuing operations was CNY 0.0826 compared to basic earnings per share from continuing operations of CNY 0.2903 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.
SHANDONG XINNENG TAISHAN POWER GENERATION CO.,LTD. 
