Hunan Investment Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 04:38 am EDT
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Hunan Investment Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 85.839 million compared to CNY 27.172 million a year ago. Operating income was CNY 22.658 million compared to operating loss of CNY 17.426 million a year ago. Net income was CNY 17.195 million compared to net loss of CNY 14.914 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.03 a year ago.
Hunan Investment Group Co Ltd is a China-based company mainly engaged in the investment and development of urban complexes. The Company is also engaged in highway construction operations, asset management and property services and hotel investment operations. The urban complex investment and development business focuses on independent development and sales, and its business is mainly concentrated in residential real estate development, commercial real estate operations and other fields. The highway construction and operation is mainly engaged in expressway toll collection business. The asset management and property services rely on self-developed real estate projects and self-sustained commercial real estate to conduct business. The company conducts hotel investment and operations under the Junyi brand.