Shanghai Jiao Yun Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 21, 2020 at 03:50 am EDT
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Shanghai Jiao Yun Group Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 8,696.352 million compared to CNY 9,669.446 million a year ago. Operating income was CNY 128.530 million compared to CNY 378.546 million a year ago. Net income was CNY 126.767 million compared to CNY 326.102 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.32 a year ago.
Shanghai Jiao Yun Group Co Ltd is a China-based company primarily engaged in the provision of road freight and logistics services. The Company operates primarily through four segments. The Road Freight and Logistics Services segment is mainly engaged in multimodal transport, cold chain warehousing, steel logistics, manufacturing logistics and other businesses. The Passenger Car Sales and Automotive After-service segment is mainly engaged in automobile sales, automobile accessories, repairs, maintenance technical consultation and automobile parts retail business. The Automotive Parts Manufacturing and Sales Services segment is mainly engaged in the manufacturing, research and development of key components of automotive powertrains, body and body accessory assemblies. The Other segment is engaged in other businesses. The Company mainly conducts its businesses in the domestic market.