Lander Sports Development Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 07:00 am EDT
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Lander Sports Development Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 18.491 million compared to CNY 23.618 million a year ago. Operating loss was CNY 15.037 million compared to CNY 32.627 million a year ago. Net loss was CNY 15.191 million compared to CNY 30.458 million a year ago. Basic loss per share from continuing operations was CNY 0.0118 compared to CNY 0.0236 a year ago.
Lander Sports Development Co.,Ltd., formerly Lander Real Estate Co., Ltd., is a China-based company principally engaged in the distribution and leasing of real estates, as well as the sale of energy and trading. The Company is also involved in sports operation. Its sports operation business includes sports events, sports media, sports finance, sports network, sports real estate and physical education. The Company also operates sports complex stadiums, gymnasiums and fitness centers in the football, basketball and winter sports areas. The Company mainly operates its business in Zhejiang Province and Shanghai, China.
LANDER SPORTS DEVELOPMENT CO., LTD. 
