Ningbo United Group Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 04:56 am EDT
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Ningbo United Group Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,049.325 million compared to CNY 1,663.712 million a year ago. Operating income was CNY 389.714 million compared to CNY 52.238 million a year ago. Net income was CNY 311.617 million compared to CNY 72.649 million a year ago. Basic earnings per share from continuing operations was CNY 1.002 compared to CNY 0.234 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.