Zhangjiagang Freetrade Science & Technology Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 05:33 pm
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Zhangjiagang Freetrade Science & Technology Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 689.838 million compared to CNY 186.992 million a year ago. Operating income was CNY 72.505 million compared to CNY 43.592 million a year ago. Net income was CNY 48.609 million compared to CNY 31.162 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.03 a year ago.
Zhangjiagang Freetrade Science & Technology Group Co Ltd is a China-based company principally engaged in the provision of supply chain management services. The Company is mainly engaged in four businesses. The terminal warehousing service business mainly provides customers with terminal loading and unloading, warehousing, logistics distribution, tank rental, terminals, pipeline transportation supporting services, solid dry bulk cargo storage, warehouse leasing and comprehensive logistics services. The smart logistics service business provides customers with online simultaneous delivery services for payment and goods, online financing, digital Renminbi (RMB) settlement and online goods rights delivery services. The supply chain management services and other businesses provide customers with bulk commodity supply chain business and investment business such as chemicals and ferrous metal agency. The data service business provides customers with multi-dimensional data services.