Lander Sports Development Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 09:31 am EDT
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Lander Sports Development Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 97.262 million compared to CNY 83.222 million a year ago. Operating loss was CNY 16.477 million compared to CNY 57.106 million a year ago. Net loss was CNY 21.780 million compared to CNY 60.110 million a year ago. Basic loss per share from continuing operations was CNY 0.0169 compared to CNY 0.0466 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.