Ningbo United Group Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 16, 2020 at 08:41 am EDT
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Ningbo United Group Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 3,874.245 million compared to CNY 4,039.842 million a year ago. Operating income was CNY 321.500 million compared to CNY 485.625 million a year ago. Net income was CNY 320.008 million compared to CNY 248.453 million a year ago. Basic earnings per share from continuing operations was CNY 1.03 compared to CNY 0.8 a year ago.
NINGBO UNITED GROUP CO., LTD is engaged in real estate business, wholesale business, power and thermal production and supply business, as well resident service business. Its real estate business mainly provides traditional housing, cultural tourism real estates and special commercial real estates. Its wholesale business is mainly engaged in import and export trading in clothing, textiles, footwear and paper. Its resident service business is mainly engaged in wedding ceremony business, which provides wedding ceremony services, photography services and car rental services.