Cmst Development Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 03:15 pm
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CMST Development Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 7,400.974 million compared to CNY 9,927.192 million a year ago. Operating income was CNY 14.741 million compared to CNY 19.629 million a year ago. Net income was CNY 36.800 million compared to CNY 28.643 million a year ago. Basic earnings per share from continuing operations was CNY 0.017 compared to CNY 0.013 a year ago.
China Storage Development Co., Ltd. is a Chinese company mainly engaged in warehousing and logistics business. The company's business covers futures and spot delivery logistics, 'warehousing +' supply chain, Internet + logistics, Internet of Things, multimodal transport, consumer goods logistics, engineering logistics, international freight forwarding and other fields. The company's products include 'China Storage Steel Super' for integrated services such as trading, warehousing, transportation, processing, information consulting, marketing, and finance, and 'Huoduibao', a supply chain collaboration service platform.
CMST DEVELOPMENT CO.,LTD. 
