Polaris Bay Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021
Share
Polaris Bay Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 655.498 million compared to CNY 751.555 million a year ago. Operating income was CNY 172.497 million compared to CNY 190.696 million a year ago. Net income was CNY 136.627 million compared to CNY 130.322 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.07 a year ago.
Huachuang Yunxin Digital Technology Co Ltd, formerly Polaris Bay Group Co Ltd, is a China-based company mainly engaged in the digital economy ecological operation service business and comprehensive financial service business. The digital economy ecological operation service business mainly provides supply chain, scene operation (such as scenic spots, hotels), industrial operation (such as liquor, tourism) and other digital economy ecological operation services. The comprehensive financial service business includes securities financial research, asset management, securities brokerage, proprietary investment, sponsorship and underwriting, financial consulting, private equity and debt investment and financing, comprehensive services for private equity funds, among others.