Shanghai Jinjiang International Industrial Investment Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:57 am EDT
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Shanghai JinJiang International Industrial Investment Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,971.749 million compared to CNY 1,794.955 million a year ago. Operating income was CNY 96.549 million compared to CNY 276.614 million a year ago. Net income was CNY 66.651 million compared to CNY 211.858 million a year ago. Basic earnings per share from continuing operations was CNY 0.121 compared to CNY 0.384 a year ago.
Shanghai Jin Jiang Online Network Service Co Ltd is a China-based company principally engaged in vehicle operation business. The Company operates primarily through four segments. The Vehicle Operation Business segment is mainly engaged in international freight forwarding business, rental of large and small passenger cars, reception of state guests, long-distance tourism passenger transport, taxis, auto trade and auto repair and driving training businesses. The Automobile Sales Business segment is mainly engaged in the sales of automobiles. The Low-temperature Logistics Business segment mainly provides one-stop integrated warehousing and distribution services such as import customs clearance, trunk transportation, refrigerated distribution, and sales agency for customers. The Merchandise Sales Business segment is mainly engaged in the research and development, quality control and sales of prepared dishes. The Company mainly conducts its businesses in the domestic market.