Shandong Xinneng Taishan Power Generation Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 12, 2021 at 04:28 am EDT
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Shandong Xinneng Taishan Power Generation Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was CNY 3,853.086 million compared to CNY 3,580.387 million a year ago. Operating income was CNY 434.911 million compared to CNY 681.348 million a year ago. Net income was CNY 278.896 million compared to CNY 486.174 million a year ago. Basic earnings per share from continuing operations was CNY 0.2219 compared to CNY 0.3895 a year ago.
Shandong Xinneng Taishan Power Generation Co Ltd is a China-based company mainly engaged in industrial park development, comprehensive asset operation and bulk commodity supply chain business. The Company operates its businesses through four segments. The Real Estate Sales segment is mainly engaged in the sales of residences, hotels, shops, and office buildings. The Wire And Cable segment is mainly engaged in the research and development, manufacturing and sales of wire and cable, optical fiber cable, power optical cable and other products. The Main Commodities of Supply Chain business segment include communication cables and power cables. The Property Service segment mainly provides comprehensive asset operation services such as customer service, equipment, security, cleaning, landscaping, catering, and conference affairs. The Company mainly operates its business in the domestic market.