Nanjing Public Utilities Development Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 04:20 am EDT
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Nanjing Public Utilities Development Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 5,893.893 million compared to CNY 2,616.311 million a year ago. Operating income was CNY 1,047.143 million compared to CNY 180.192 million a year ago. Net income was CNY 403.290 million compared to CNY 87.110 million a year ago. Basic earnings per share from continuing operations was CNY 0.7043 compared to CNY 0.1521 a year ago.
Nanjing Public Utilities Development Co., Ltd., formerly Nanjing Zhongbei (Group) Co., Ltd. is a China-based company principally engaged in the operation of vehicle transportation and development of real estates. The Company is also involved in electricity power generation, automobile distribution and tourism service businesses, among others. The Company mainly operates its businesses in the domestic market, including Jiangsu province and Hebei province, China. Through its subsidiaries and associates, the Company is also involved in the provision of taxi services, development, distribution and leasing of commercial housings, property management, passenger transportation services, as well as electricity and heat supplying business, among others.