Dazhong Transportation 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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Dazhong Transportation (Group) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 462.79 million compared to CNY 529.59 million a year ago. Revenue was CNY 509.27 million compared to CNY 570.97 million a year ago. Net loss was CNY 260.18 million compared to net income of CNY 60.63 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.11 compared to diluted earnings per share from continuing operations of CNY 0.03 a year ago.
DAZHONG TRANSPORTATION (GROUP) CO., LTD. is a China-based transportation services company. The Company is also engaged in the operation of real estate business, tourist catering services, modern logistics business and financial business. The Company conducts its businesses mainly in Shanghai, Jiangsu Province, Anhui Province, Zhejiang Province, Beijing and Guangdong Province, China.