Tangshan Port Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 06:41 am EDT
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TangShan Port Group Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 2,039.011 million compared to CNY 3,030.798 million a year ago. Operating income was CNY 536.373 million compared to CNY 548.683 million a year ago. Net income was CNY 413.928 million compared to CNY 429.612 million a year ago. Basic earnings per share from continuing operations was CNY 0.0699 compared to CNY 0.0725 a year ago.
Tangshan Port Group Co Ltd is a China-based company mainly engaged in port comprehensive transportation business. The Company's business specifically includes port loading and unloading, transportation logistics, bonded warehousing, comprehensive port services and other business types. The Company has formed a diversified cargo pattern that focuses on the transportation of bulk cargo such as ore, coal, steel, sand and gravel, and water slag, supplemented by grain, fertilizers, liquefied products, and machinery and equipment.