Cmst Development Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 30, 2019 at 05:05 am EDT
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CMST Development Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 33,244.004 million compared to CNY 27,413.634 million a year ago. Operating income was CNY 350.596 million compared to CNY 124.045 million a year ago. Net income was CNY 263.765 million compared to CNY 73.644 million a year ago. Basic earnings per share from continuing operations was CNY 0.12103 compared to CNY 0.03348 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.