Shenzhen Universe Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 25, 2019 at 11:50 am
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Shenzhen Universe Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 321.958 million compared to CNY 260.788 million a year ago. Operating income was CNY 27.761 million compared to operating loss of CNY 7.767 million a year ago. Net income was CNY 14.896 million compared to net loss of CNY 4.863 million a year ago. Basic earnings per share from continuing operations was CNY 0.1074 compared to basic loss per share from continuing operations of CNY 0.0351 a year ago.
SHENZHEN UNIVERSE (GROUP) CO., LTD. is primarily engaged in the manufacture and sale of concrete and raw materials, and the operation of property management and real estate development and distribution business. The Company operates in four segments, including Commercial Concrete, Property Management, Real Estate and Leasing Services. The Company operates its real estate business in Shenzhen and other areas, including Donghai County, Lianyungang City, and Xiâan City. It is also engaged in the distribution of cement products. The Company principally operates its business in Shenzhen, Guangdong province, Hunan province and Xiâan, Shaanxi province, China.
SHENZHEN UNIVERSE GROUP CO., LTD. 
