Shanghai Ganglian E-Commerce Holdings Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
July 30, 2021 at 08:19 am
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Shanghai Ganglian E-Commerce Holdings Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 28,397.053 million compared to CNY 24,008.862 million a year ago. Operating income was CNY 254.648 million compared to CNY 211.221 million a year ago. Net income was CNY 114.103 million compared to CNY 96.527 million a year ago. Basic earnings per share from continuing operations was CNY 0.5976 compared to CNY 0.5056 a year ago.
Shanghai Ganglian E-commerce Holdings Co., Ltd. is an operator of Internet platforms, which deal with commercial information of bulk stocks including steel, iron, energy and agricultural products, among others. The Company operates through three main segments. The Information Services segment is primarily involved in provisions of energy, mining and non-ferrous metal-related industrial information services, Weblink services, as well as conference and training services. The Iron and Steel Trading Business segment is engaged in the provision of business to business (B2B) e-commerce services, with iron and steel, energy, mining, non-ferrous metal and other industrial information provided. The Other Business segment is engaged in provision of advertising campaign services and rental services.