Chang Chun Eurasia Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:16 am EDT
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Chang Chun Eurasia Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,918.68 million compared to CNY 2,021.59 million a year ago. Revenue was CNY 1,918.68 million compared to CNY 2,021.59 million a year ago. Net income was CNY 3.4 million compared to CNY 11.91 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.07 a year ago.
Chang Chun Eurasia Group Co Ltd is a China-based company mainly engaged in modern department stores, commercial complexes and supermarket chains. The Company operates its businesses through five segments. The Shopping Mall segment, Large-scale Comprehensive Store segment and Chain Supermarket segment are mainly engaged in comprehensive department stores, the main products include food and department stores, home appliances, clothing and cosmetics and home furnishings. The Real Estate segment is mainly engaged in real estate development and property leasing. The Other segment is mainly engaged in property services, catering services and other businesses. The Company mainly operates its businesses in the domestic market.