Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:28 pm
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Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 2,948.380 million compared to CNY 4,153.517 million a year ago. Operating income was CNY 1,386.767 million compared to CNY 1,836.187 million a year ago. Net income was CNY 884.479 million compared to CNY 761.025 million a year ago. Basic earnings per share from continuing operations was CNY 0.2192 compared to CNY 0.1886 a year ago.
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd is a China-based company mainly engaged in commercial real estate, commercial operations and financial services. The Company conducts its business through four segments. The Real Estate segment is engaged in the comprehensive development of real estate and related industries, including land leasing, real estate sales, real estate leasing, hotels, property management and other businesses. The Trust segment is engaged in fund trusts, movable property trusts, real estate trusts, securities trusts, other property or property rights trusts, investment fund business, restructuring and mergers and acquisitions and financing, financial advisory business, and custody and guarantee business. The Securities segment is engaged in securities brokerage, securities investment consulting and securities trading. The Company also provides services through the Other segment. The Company primarily conducts its business in the domestic market.