China Master Logistics Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 04:33 am EDT
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China Master Logistics Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 3,519.966 million compared to CNY 3,330.107 million a year ago. Operating income was CNY 190.916 million compared to CNY 192.796 million a year ago. Net income was CNY 136.013 million compared to CNY 148.292 million a year ago. Basic earnings per share from continuing operations was CNY 0.51 compared to CNY 0.63 a year ago.
China Master Logistics Co., Ltd. is a China-based company mainly engaged in comprehensive modern logistics business. The Company's main business can be divided into five segments: Freight Forwarder segment, Site segment, Shipping Agency segment, Coastal Transportation segment and Project Large-Scale Logistics segment. Freight Forwarder mainly provides services such as booking agents and signing agents to customers after purchasing transportation capacity from ship operators. Site segment mainly includes services related to container repair, inspection and empty container storage. Shipping Agency segment mainly includes boarding agents and cabin agency business. Coastal Transportation segment mainly includes foreign trade internal feeder container business, domestic trade container business and bulk cargo business. Project Large-Scale Logistics segment mainly provides high-tech and difficult comprehensive logistics solutions for individualized and professional logistics needs.
CHINA MASTER LOGISTICS CO., LTD. 
