Cmst Development Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 08:30 am EDT
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CMST Development Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 40,357.723 million compared to CNY 34,015.115 million a year ago. Operating income was CNY 533.206 million compared to CNY 545.822 million a year ago. Net income was CNY 279.561 million compared to CNY 477.764 million a year ago. Basic earnings per share from continuing operations was CNY 0.1283 compared to CNY 0.2172 a year ago.
China Storage Development Co., Ltd. is a Chinese company mainly engaged in warehousing and logistics business. The company's business covers futures and spot delivery logistics, 'warehousing +' supply chain, Internet + logistics, Internet of Things, multimodal transport, consumer goods logistics, engineering logistics, international freight forwarding and other fields. The company's products include 'China Storage Steel Super' for integrated services such as trading, warehousing, transportation, processing, information consulting, marketing, and finance, and 'Huoduibao', a supply chain collaboration service platform.
CMST DEVELOPMENT CO.,LTD. 
