Shanghai Guijiu Co.,Ltd. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
April 26, 2021 at 02:00 pm EDT
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Shanghai Guijiu Co.,Ltd. announced earnings results for the fourth quarter ended December 31, 2020. For the year, the company announced sales was CNY 79.717 million compared to CNY 109.278 million a year ago. Operating income was CNY 10.783 million compared to CNY 14.066 million a year ago. Net income was CNY 8.021 million compared to CNY 12.385 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.04 a year ago. For the quarter, sales was CNY 87.392 million compared to CNY 12.181 million a year ago. Operating income was CNY 15.880 million compared to CNY 2.795 million a year ago. Net income was CNY 9.526 million compared to CNY 2.118 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.01 a year ago.
Shanghai Guijiu Co., Ltd., formerly Shanghai Yanshi Enterprise Development Co., Ltd. is a China-based company mainly engaged in commodity trading, commercial factoring, financial leasing, real estate operation management and liquor sales. The Company's commercial factoring services provide accounts receivable commercial factoring services. The financial leasing business mainly serves corporate customers in the industrial and medical industries, such as providing medical equipment financing leasing services to hospitals. Real estate operation management business collects rents through operation management of commercial real estate. The Company conducts alcohol sales business through its subsidiary. The Company operates its businesses primarily within the domestic market.