Shanghai Ace Investment & Development Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,241.034 million compared to CNY 1,350.936 million a year ago. Operating income was CNY 69.521 million compared to operating loss of CNY 22.709 million a year ago. Net income was CNY 59.724 million compared to net loss of CNY 17.564 million a year ago. Basic earnings per share from continuing operations was CNY 0.45 compared to basic loss per share from continuing operations of CNY 0.13 a year ago.