Shenzhen Universe Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 08:37 am
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Shenzhen Universe Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,043.499 million compared to CNY 1,267.614 million a year ago. Operating income was CNY 18.676 million compared to CNY 104.720 million a year ago. Net loss was CNY 3.837 million compared to net income of CNY 54.191 million a year ago. Basic loss per share from continuing operations was CNY 0.028 compared to basic earnings per share from continuing operations of CNY 0.391 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. 
