Jinling Hotel Corporation, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 03:20 pm EDT
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Jinling Hotel Corporation, Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 261.054 million compared to CNY 305.651 million a year ago. Operating loss was CNY 11.682 million compared to operating Income of CNY 30.084 million a year ago. Net loss was CNY 18.909 million compared to net income of CNY 12.931 million a year ago. Basic loss per share from continuing operations was CNY 0.063 compared to basic earnings per share from continuing operations of CNY 0.043 a year ago.
JINLING HOTEL CORPORATION, LTD. is a China-based company principally engaged in hotel investment and management, tourism resource development, as well as the trading of hotel supplies. The Company provides room service, catering service, banquet meeting service, house leasing and property management services. The Company conducts its businesses primarily in Nanjing, Jiangsu Province, China.