Longzhou Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 10:31 am
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Longzhou Group Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 6,062.892 million compared to CNY 6,839.425 million a year ago. Operating income was CNY 216.246 million compared to CNY 299.179 million a year ago. Net income was CNY 121.987 million compared to CNY 167.339 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to CNY 0.3 a year ago.
LONGZHOU GROUP CO., LTD., formerly FUJIAN LONGZHOU TRANSPORTATION CO.,LTD., is engaged in modern logistics service, automobile passenger and station service, automobile manufacturing, sale and service, oil and gas product sale and other businesses. Its modern logistics service business includes asphalt supply chain, logistics park operation, port terminal operation, car free carrier and professional freight transport businesses. Its bus passenger transport and station service business includes bus passenger, tourist and taxi passenger transport, as well as urban bus and passenger station operation businesses. Its automobile manufacturing, sale and service business includes passenger and freight vehicle agent sale, spare parts sale, vehicle inspection and maintenance service businesses, as well as the research and development of new energy vehicles. Its finished oil and natural gas sale business is engaged in the investment, construction and operation of filling stations