Shahe Industrial Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 08:47 am
Share
Shahe Industrial Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 142.69 million compared to CNY 8.09 million a year ago. Revenue was CNY 142.69 million compared to CNY 8.09 million a year ago. Net income was CNY 15.7 million compared to net loss of CNY 9.43 million a year ago. Basic earnings per share from continuing operations was CNY 0.0667 compared to basic loss per share from continuing operations of CNY 0.0417 a year ago. Diluted earnings per share from continuing operations was CNY 0.0667 compared to diluted loss per share from continuing operations of CNY 0.0417 a year ago.
Shahe Industrial Co Ltd is a China-based company primarily engaged in real estate business. The Company is mainly engaged in real estate development and management, and modern service-oriented industrial housing operation and management. The Company operates the real estate industry through land acquisition, development and construction, and product marketing. The Company's real estate business includes residential, commercial and other projects. The Company mainly operates its businesses in the domestic market.