Dongfeng Electronic Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 01:56 pm
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Dongfeng Electronic Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 914.936 million compared to CNY 1,496.574 million a year ago. Operating loss was CNY 32.155 million compared to operating Income of CNY 55.102 million a year ago. Net loss was CNY 61.622 million compared to net income of CNY 21.958 million a year ago. Basic loss per share from continuing operations was CNY 0.1965 compared to basic earnings per share from continuing operations of CNY 0.07 a year ago.
Dongfeng Electronic Technology Co Ltd is a China-based company principally engaged in the research and development, manufacture and sales of automobile parts. The Companyâs main products include instrument clusters, sensors and flexible shafts, automotive brake systems, fuel supply systems, die-casting parts, interior parts, thermal management systems, and powertrain component systems, among others. The Company also involves in the sales of automobile parts and whole vehicles, as well as the manufacture and sales of motorcycle parts. The Company mainly operates its businesses in Hubei, Shanghai, Guangdong, Hunan and Jiangsu, China.
DONGFENG ELECTRONIC TECHNOLOGY CO.,LTD. 