CMST Development Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 09:57 am
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CMST Development Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 33,259.453 million compared to CNY 33,244.004 million a year ago. Operating income was CNY 198.963 million compared to CNY 350.596 million a year ago. Net income was CNY 271.558 million compared to CNY 263.765 million a year ago. Basic earnings per share from continuing operations was CNY 0.1251 compared to CNY 0.121 a year ago.
China Storage Development Co., Ltd. is a Chinese company mainly engaged in warehousing and logistics business. The company's business covers futures and spot delivery logistics, 'warehousing +' supply chain, Internet + logistics, Internet of Things, multimodal transport, consumer goods logistics, engineering logistics, international freight forwarding and other fields. The company's products include 'China Storage Steel Super' for integrated services such as trading, warehousing, transportation, processing, information consulting, marketing, and finance, and 'Huoduibao', a supply chain collaboration service platform.
CMST DEVELOPMENT CO.,LTD. 
