Huangshan Tourism Development Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 04:25 am EDT
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Huangshan Tourism Development Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 668.97 million compared to CNY 454.27 million a year ago. Revenue was CNY 668.97 million compared to CNY 454.27 million a year ago. Net income was CNY 24.62 million compared to net loss of CNY 47.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.0338 compared to basic loss per share from continuing operations of CNY 0.0657 a year ago. Diluted earnings per share from continuing operations was CNY 0.0338 compared to diluted loss per share from continuing operations of CNY 0.0657 a year ago.
Huangshan Tourism Development Co.,Ltd. mainly operates through four segments, including Scenic Area Management, Cableway Operation, Hotel Business and Travel Agency. Scenic Area Management segment is engaged in the daily operation and management, infrastructure construction, environment sanitation and cleaning, sewage treatment and other services in Huangshan scenic zone, Anhui province, China and in HuaShan Mysterious Grottoes, Zhejiang province, China. Cableway Operation segment consists of the safety management, equipment maintenance and services of the cableways in Huangshan. Hotel Business segment is involved in the operation and management of the hotels that the Company owns. Travel Agency segment provides domestic tourism, inbound tourism, outbound tourism, air ticketing, exhibition services, advertising planning and other services. The Company also involves in the development and distribution of commercial residential properties.
HUANGSHAN TOURISM DEVELOPMENT CO.,LTD. 
