Lingda Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 08, 2021 at 04:23 am
Share
Lingda Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 282.327 million compared to CNY 110.927 million a year ago. Operating loss was CNY 66.364 million compared to operating Income of CNY 19.051 million a year ago. Net loss was CNY 56.016 million compared to net income of CNY 16.139 million a year ago. Basic loss per share from continuing operations was CNY 0.21 compared to basic earnings per share from continuing operations of CNY 0.06 a year ago.
Lingda Group Co Ltd, formerly Dalian East New Energy Development Co Ltd, is a China-based company mainly engaged in investment business and photovoltaic power generation business. The Company operates five segments. The Photovoltaic Power Generation Business segment is engaged in the operation of photovoltaic power plants. The Commercial Factoring Business segment is engaged in factoring business. The Naked-eye 3 dimensions (3D) Business segment provides naked-eye 3D / XR general-purpose computing platforms and solutions. The Waste Heat Power Generation Business segment provides services for energy conservation and emission reduction through general contracting, engineering design, equipment manufacturing and complete sets and technical services. Its customers are mainly in the cement industry. The Company also operates Others segment. The Company's investment business areas involve naked-eye 3D, industrial hemp derivative processing and commercial factoring.
LINGDA GROUP CO., LTD. 
