Shenzhen Heungkong Holding Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 05:16 am
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Shenzhen HeungKong Holding Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,060.279 million compared to CNY 1,960.065 million a year ago. Operating loss was CNY 65.701 million compared to operating Income of CNY 336.478 million a year ago. Net loss was CNY 29.492 million compared to net income of CNY 240.985 million a year ago. Basic loss per share from continuing operations was CNY 0.0087 compared to basic earnings per share from continuing operations of CNY 0.0711 a year ago.
Shenzhen Heungkong Holding Co Ltd is a China-based company principally engaged in urban industrial development, commercial circulation and home furnishing store operations. The Company operates its businesses through three segments. The Commercial Housing, Shops and Office Building Sales segment is mainly engaged in real estate development, focusing on the development of urban industries. The Commercial Circulation Operation segment mainly includes the development and operation of commercial circulation markets and home furnishing stores. The Other segments mainly include property services and other businesses.