Beijing Cuiwei Tower Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 04:42 am EDT
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Beijing Cuiwei Tower Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,738.115 million compared to CNY 1,888.869 million a year ago. Operating income was CNY 114.198 million compared to CNY 61.308 million a year ago. Net income was CNY 94.076 million compared to net loss of CNY 10.612 million a year ago. Basic earnings per share from continuing operations was CNY 0.119 compared to basic loss per share from continuing operations of CNY 0.018 a year ago.
Beijing Cuiwei Tower Co Ltd is a China-based company mainly engaged in commercial retail and third-party payment business. The Company conducts its businesses primarily through two segments. The Bank Card Acquiring segment is mainly engaged in the third-party payment business, and completes the clearing and settlement services of transaction funds together with the acquiring bank, the professional bank card institution and the card issuing bank. The Department Store segment is principally engaged in the sales and leasing of merchandise. The Company mainly conducts its businesses in the domestic market and overseas markets.