Lander Sports Development Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 04:08 am EDT
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Lander Sports Development Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 137.847 million compared to CNY 702.474 million a year ago. Operating income was CNY 33.850 million compared to operating loss of CNY 14.003 million a year ago. Net income was CNY 26.029 million compared to net loss of CNY 61.123 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.05 a year ago.
Lander Sports Development Co.,Ltd., formerly Lander Real Estate Co., Ltd., is a China-based company principally engaged in the distribution and leasing of real estates, as well as the sale of energy and trading. The Company is also involved in sports operation. Its sports operation business includes sports events, sports media, sports finance, sports network, sports real estate and physical education. The Company also operates sports complex stadiums, gymnasiums and fitness centers in the football, basketball and winter sports areas. The Company mainly operates its business in Zhejiang Province and Shanghai, China.