Cmst Development Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 29, 2019 at 12:26 pm EDT
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CMST Development Co.,Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 21,347.345 million compared to CNY 17,478.705 million a year ago. Operating income was CNY 253.945 million compared to CNY 158.169 million a year ago. Net income was CNY 164.424 million compared to CNY 87.584 million a year ago. Basic earnings per share from continuing operations was CNY 0.0753 compared to CNY 0.0398 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.