Shenzhen Universe Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 08:27 am
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Shenzhen Universe Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 606.461 million compared to CNY 831.865 million a year ago. Operating loss was CNY 4.075 million compared to operating Income of CNY 63.152 million a year ago. Net loss was CNY 13.985 million compared to net income of CNY 31.104 million a year ago. Basic loss per share from continuing operations was CNY 0.1008 compared to basic earnings per share from continuing operations of CNY 0.2242 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. 
