Shahe Industrial Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 26, 2021 at 04:53 am EDT
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Shahe Industrial Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 346.673 million compared to CNY 438.139 million a year ago. Operating income was CNY 10.899 million compared to CNY 30.219 million a year ago. Net income was CNY 4.374 million compared to CNY 21.085 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.1 a year ago.
Shahe Industry Co., Ltd. is principally engaged in the development, sale and leasing of real estate. The Company operates in three segments, including Real Estate Distribution Property Management and Agent Construction. The Company operates its businesses mainly in Shenzhen, Guangdong Province; Xinxiang, Henan Province, and Changsha, Hunan Province, China. Through its subsidiaries and associates, the Company is involved in the development of real estate and the construction of water conservancy projects, among others.
SHAHE INDUSTRIAL CO., LTD. 
