Hainan Ruize New Building Material Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 01:30 pm
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Hainan RuiZe New Building Material Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,904.059 million compared to CNY 2,576.779 million a year ago. Operating income was CNY 95.708 million compared to operating loss of CNY 353.454 million a year ago. Net income was CNY 41.436 million compared to net loss of CNY 411.920 million a year ago. Basic earnings per share from continuing operations was CNY 0.036 compared to basic loss per share from continuing operations of CNY 0.36 a year ago.
Hainan RuiZe New Building Material Co., Ltd. is a China-based company principally engaged in the production and sales of non-metallic mineral products. The Company mainly operates through four segments. The Commercial concrete segment is mainly engaged in the production and sales of various strength grades of ordinary concrete, marine concrete, ecological concrete, colored landscape concrete and decorative concrete. The Cement segment is mainly engaged in the production and sales of bulk PO42.5R cement. The Landscaping segment is mainly engaged in landscape design, landscape engineering construction, landscaping maintenance services and seedling planting and sales. The Municipal Sanitation segment is engaged in municipal solid waste cleaning, collection, transportation, disposal, recycling and utilization as well as urban afforestation management and maintenance. The Company mainly operates in the domestic market, with Hainan as the main market.