Shahe Industrial Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 07:55 am EDT
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Shahe Industrial Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 17.873 million compared to CNY 210.547 million a year ago. Operating loss was CNY 33.668 million compared to operating Income of CNY 31.473 million a year ago. Net loss was CNY 21.460 million compared to net income of CNY 23.384 million a year ago. Basic loss per share from continuing operations was CNY 0.1064 compared to basic earnings per share from continuing operations of CNY 0.1159 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. 
