Polaris Bay Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 11:17 am EDT
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Polaris Bay Group Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was CNY 474.8 million compared to CNY 592.91 million a year ago. Net income was CNY 27.13 million compared to CNY 136.63 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.08 a year ago.
Huachuang Yunxin Digital Technology Co Ltd, formerly Polaris Bay Group Co Ltd, is a China-based company mainly engaged in the digital economy ecological operation service business and comprehensive financial service business. The digital economy ecological operation service business mainly provides supply chain, scene operation (such as scenic spots, hotels), industrial operation (such as liquor, tourism) and other digital economy ecological operation services. The comprehensive financial service business includes securities financial research, asset management, securities brokerage, proprietary investment, sponsorship and underwriting, financial consulting, private equity and debt investment and financing, comprehensive services for private equity funds, among others.
HUACHUANG YUNXIN DIGITAL TECHNOLOGY CO., LTD. 
