Shenzhen Universe Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 11:17 am
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Shenzhen Universe Group Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,267.614 million compared to CNY 995.335 million a year ago. Operating income was CNY 104.720 million compared to CNY 16.621 million a year ago. Net income was CNY 54.191 million compared to CNY 10.634 million a year ago. Basic earnings per share from continuing operations was CNY 0.391 compared to CNY 0.077 a year ago.
SHENZHEN UNIVERSE (GROUP) CO., LTD. is primarily engaged in the manufacture and sale of concrete and raw materials, and the operation of property management and real estate development and distribution business. The Company operates in four segments, including Commercial Concrete, Property Management, Real Estate and Leasing Services. The Company operates its real estate business in Shenzhen and other areas, including Donghai County, Lianyungang City, and Xiâan City. It is also engaged in the distribution of cement products. The Company principally operates its business in Shenzhen, Guangdong province, Hunan province and Xiâan, Shaanxi province, China.
SHENZHEN UNIVERSE GROUP CO., LTD. 
