Black Peony Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 10:21 am
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Black Peony Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 2,237.233 million compared to CNY 2,264.984 million a year ago. Operating income was CNY 423.062 million compared to CNY 503.368 million a year ago. Net income was CNY 210.852 million compared to CNY 212.618 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.21 a year ago.
Black Peony Group Co Ltd is a China-based company mainly engaged in urban construction business. The Company operates three segments. Urban Construction segment is engaged in new urbanization construction business, including infrastructure construction, affordable housing construction, real estate development, development and operation of characteristic industrial science and technology parks, transformation and operation of cultural and creative parks and other real estate businesses. Textile segment is engaged in fabric production, garment processing and brand operation. Others segment include pre-land development projects, vast hectares of fertile land engineering projects and digital energy infrastructure business. The Company mainly conducts businesses within the domestic market.
BLACK PEONY (GROUP) CO., LTD. 
