Shanghai Jiao Yun Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 02:38 am EDT
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Shanghai Jiao Yun Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 7,770.320 million compared to CNY 8,696.352 million a year ago. Operating loss was CNY 337.099 million compared to operating Income of CNY 128.530 million a year ago. Net loss was CNY 204.698 million compared to net income of CNY 126.767 million a year ago. Basic loss per share from continuing operations was CNY 0.2 compared to basic earnings per share from continuing operations of CNY 0.12 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.