Shanghai Jiao Yun Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 29, 2019 at 05:12 pm
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Shanghai Jiao Yun Group Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 4,172.032 million compared to CNY 4,590.232 million a year ago. Operating income was CNY 90.375 million compared to CNY 275.560 million a year ago. Net income was CNY 49.929 million compared to CNY 199.566 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.19 a year ago.
Shanghai Jiao Yun Group Co Ltd is a China-based company primarily engaged in the provision of road freight and logistics services. The Company operates primarily through four segments. The Road Freight and Logistics Services segment is mainly engaged in multimodal transport, cold chain warehousing, steel logistics, manufacturing logistics and other businesses. The Passenger Car Sales and Automotive After-service segment is mainly engaged in automobile sales, automobile accessories, repairs, maintenance technical consultation and automobile parts retail business. The Automotive Parts Manufacturing and Sales Services segment is mainly engaged in the manufacturing, research and development of key components of automotive powertrains, body and body accessory assemblies. The Other segment is engaged in other businesses. The Company mainly conducts its businesses in the domestic market.