Nanjing Public Utilities Development Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 04:07 am EDT
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Nanjing Public Utilities Development Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 851.132 million compared to CNY 1,174.615 million a year ago. Operating income was CNY 25.152 million compared to CNY 36.479 million a year ago. Net income was CNY 4.353 million compared to CNY 7.954 million a year ago. Basic earnings per share from continuing operations was CNY 0.0076 compared to CNY 0.0139 a year ago.
Nanjing Public Utilities Development Co., Ltd., formerly Nanjing Zhongbei (Group) Co., Ltd. is a China-based company principally engaged in the operation of vehicle transportation and development of real estates. The Company is also involved in electricity power generation, automobile distribution and tourism service businesses, among others. The Company mainly operates its businesses in the domestic market, including Jiangsu province and Hebei province, China. Through its subsidiaries and associates, the Company is also involved in the provision of taxi services, development, distribution and leasing of commercial housings, property management, passenger transportation services, as well as electricity and heat supplying business, among others.