Ningbo United Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 05:56 am EDT
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Ningbo United Group Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 3,438.933 million compared to CNY 2,578.816 million a year ago. Operating income was CNY 587.327 million compared to CNY 22.308 million a year ago. Net income was CNY 343.363 million compared to CNY 54.672 million a year ago. Basic earnings per share from continuing operations was CNY 1.104 compared to CNY 0.176 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.