Shenzhen Universe Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 08:05 am
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Shenzhen Universe Group Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,830.534 million compared to CNY 1,611.326 million a year ago. Operating income was CNY 103.886 million compared to CNY 60.759 million a year ago. Net income was CNY 50.824 million compared to CNY 26.320 million a year ago. Basic earnings per share from continuing operations was CNY 0.3663 compared to CNY 0.1897 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.