Grand Industrial Holding Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 09:59 am
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Grand Industrial Holding Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 60,078.57 million compared to CNY 39,828.72 million a year ago. Revenue was CNY 60,078.57 million compared to CNY 39,828.72 million a year ago. Net income was CNY 213.51 million compared to net loss of CNY 52.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.41 compared to basic loss per share from continuing operations of CNY 0.1 a year ago. Diluted earnings per share from continuing operations was CNY 0.41 compared to diluted loss per share from continuing operations of CNY 0.1 a year ago.
Grand Industrial Holding Co., Ltd., formerly LIANYUNGANG IDEAL GROUP CO.,LTD, is primarily engaged in commodity trading and logistics agency business. The Companyâs business activities comprise the trading of plastic goods, rubber goods, liquefied goods, metal goods and other goods, as well as the provision of logistics agency services. The Company distributes the goods in domestic market and to overseas markets.