Guangdong Songfa Ceramics Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 19, 2021 at 08:55 am
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Guangdong Songfa Ceramics Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 448.057 million compared to CNY 580.368 million a year ago. Operating income was CNY 23.716 million compared to CNY 48.544 million a year ago. Net income was CNY 1.678 million compared to CNY 28.406 million a year ago. Basic earnings per share from continuing operations was CNY 0.0135 compared to CNY 0.23 a year ago.
Guangdong Songfa Ceramics Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of porcelains, as well as the provision of related services. The Companyâs main products include household porcelains, fine porcelains and ceramic bottles. Its household porcelains mainly include home porcelain, hotel and restaurant porcelain. The Company owns the porcelain brand of Songfa. The Company also provides live online education services. The Company is also involved in the sales open classes, as well as the broadcasting platform business. The Company distributes its products in domestic market and to overseas markets.