Chang Chun Eurasia Group 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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Chang Chun Eurasia Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 5,648.947 million compared to CNY 12,452.427 million a year ago. Operating income was CNY 292.474 million compared to CNY 607.213 million a year ago. Net income was CNY 69.079 million compared to CNY 199.381 million a year ago. Basic earnings per share from continuing operations was CNY 0.43 compared to CNY 1.25 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.