CMST Development Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 04:28 am EDT
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CMST Development Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 15,816.24 million compared to CNY 13,175.93 million a year ago. Revenue was CNY 15,817.59 million compared to CNY 13,177.92 million a year ago. Net income was CNY 325.9 million compared to CNY 56.27 million a year ago. Basic earnings per share from continuing operations was CNY 0.1502 compared to CNY 0.0259 a year ago. Diluted earnings per share from continuing operations was CNY 0.1502 compared to CNY 0.0259 a year ago.
China Storage Development Co., Ltd. is a Chinese company mainly engaged in warehousing and logistics business. The company's business covers futures and spot delivery logistics, 'warehousing +' supply chain, Internet + logistics, Internet of Things, multimodal transport, consumer goods logistics, engineering logistics, international freight forwarding and other fields. The company's products include 'China Storage Steel Super' for integrated services such as trading, warehousing, transportation, processing, information consulting, marketing, and finance, and 'Huoduibao', a supply chain collaboration service platform.