Astro-Century Education&Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 09:55 am
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Astro-century Education&Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 34.530 million compared to CNY 50.709 million a year ago. Operating loss was CNY 4.703 million compared to operating Income of CNY 3.484 million a year ago. Net loss was CNY 2.858 million compared to net income of CNY 2.341 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago.
Astro-century Education & Technology Co., Ltd., formerly Shandong Astro-century Education &Technology Co., Ltd., is a China-based company principally engaged in the planning, design, production and distribution of student books. The Company is also involved in the provision of learning and exam preparation solutions for primary and secondary school teachers and students. The Company mainly provides online and offline products and services for the K12 basic education market, including student books and other primary and secondary school supplementary books, as well as digital products and related educational and learning software based on supplementary books. The Company mainly operates its business in the domestic market.
ASTRO-CENTURY EDUCATION&TECHNOLOGY CO.,LTD 
