Shanghai Guijiu Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 07:35 am EDT
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Shanghai Guijiu Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 43.948 million compared to CNY 98.033 million a year ago. Operating income was CNY 8.285 million compared to CNY 18.593 million a year ago. Net income was CNY 6.300 million compared to CNY 12.911 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.04 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.