Longzhou Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 26, 2023 at 06:46 am EDT
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Longzhou Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 720.79 million compared to CNY 853.17 million a year ago. Revenue was CNY 720.79 million compared to CNY 853.17 million a year ago.
Net loss was CNY 38.75 million compared to CNY 18.88 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to CNY 0.03 a year ago.
LONGZHOU GROUP CO., LTD., formerly FUJIAN LONGZHOU TRANSPORTATION CO.,LTD., is engaged in modern logistics service, automobile passenger and station service, automobile manufacturing, sale and service, oil and gas product sale and other businesses. Its modern logistics service business includes asphalt supply chain, logistics park operation, port terminal operation, car free carrier and professional freight transport businesses. Its bus passenger transport and station service business includes bus passenger, tourist and taxi passenger transport, as well as urban bus and passenger station operation businesses. Its automobile manufacturing, sale and service business includes passenger and freight vehicle agent sale, spare parts sale, vehicle inspection and maintenance service businesses, as well as the research and development of new energy vehicles. Its finished oil and natural gas sale business is engaged in the investment, construction and operation of filling stations
LONGZHOU GROUP CO., LTD. 
