Longzhou Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 25, 2020 at 04:03 am EDT
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Longzhou Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,605.473 million compared to CNY 3,028.351 million a year ago. Operating loss was CNY 75.919 million compared to operating Income of CNY 85.575 million a year ago. Net loss was CNY 65.895 million compared to net income of CNY 58.089 million a year ago. Basic loss per share from continuing operations was CNY 0.12 compared to basic earnings per share from continuing operations of CNY 0.1 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. 