Jiangsu Dagang Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 04:55 am
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Jiangsu Dagang Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 531.142 million compared to CNY 665.881 million a year ago. Operating income was CNY 151.813 million compared to operating loss of CNY 287.925 million a year ago. Net income was CNY 105.879 million compared to net loss of CNY 286.774 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to basic loss per share from continuing operations of CNY 0.49 a year ago.
JIANGSU DAGANG CO., LTD is a China-based company principally engaged in the development of industrial parks. The Company is also involved in the production and distribution of silicon chips and solar modules, engineering construction, the provision of engineering labor services, trading and logistics business, the operation and leasing of real estate, as well as the sale of concretes and aerated blocks. Through its subsidiaries, it also involves in the provision of warehousing services, property management services and parking lots management services, as well as production and supply of water for industrial use, among others. The Company operates its businesses mainly in domestic market.