Huangshan Tourism Development Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 08, 2021 at 06:04 am EDT
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Huangshan Tourism Development Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 740.843 million compared to CNY 1,606.740 million a year ago. Operating loss was CNY 24.353 million compared to operating Income of CNY 512.077 million a year ago. Net loss was CNY 46.372 million compared to net income of CNY 340.186 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to basic earnings per share from continuing operations of CNY 0.46 a year ago.
Huangshan Tourism Development Co.,Ltd. mainly operates through four segments, including Scenic Area Management, Cableway Operation, Hotel Business and Travel Agency. Scenic Area Management segment is engaged in the daily operation and management, infrastructure construction, environment sanitation and cleaning, sewage treatment and other services in Huangshan scenic zone, Anhui province, China and in HuaShan Mysterious Grottoes, Zhejiang province, China. Cableway Operation segment consists of the safety management, equipment maintenance and services of the cableways in Huangshan. Hotel Business segment is involved in the operation and management of the hotels that the Company owns. Travel Agency segment provides domestic tourism, inbound tourism, outbound tourism, air ticketing, exhibition services, advertising planning and other services. The Company also involves in the development and distribution of commercial residential properties.
HUANGSHAN TOURISM DEVELOPMENT CO.,LTD. 
