Shenzhen Universe Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 05:43 am
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Shenzhen Universe Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,121.65 million compared to CNY 1,043.5 million a year ago. Revenue was CNY 1,121.65 million compared to CNY 1,043.5 million a year ago. Net loss was CNY 10.69 million compared to CNY 3.84 million a year ago. Basic loss per share from continuing operations was CNY 0.077 compared to CNY 0.028 a year ago. Diluted loss per share from continuing operations was CNY 0.077 compared to CNY 0.028 a year ago.
Shenzhen Universe Group Co Ltd is a China-based company mainly engaged in the production and sale of commercial concrete. The Company is also engaged in real estate development, property management, leasing, and others. The Company's main product is ready-mixed concrete. The main raw materials and energy for the production of ready-mixed concrete are cement, mineral powder, sand, gravel, admixtures and electricity. The Company's current real estate business is mainly focused on commercial properties and ordinary residential properties. The Company mainly operates its businesses in the domestic market.