Shanghai Jiao Yun Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 03:49 am EDT
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Shanghai Jiao Yun Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 5,512.531 million compared to CNY 6,246.963 million a year ago. Operating loss was CNY 193.039 million compared to operating Income of CNY 109.208 million a year ago. Net loss was CNY 160.841 million compared to net income of CNY 100.824 million a year ago. Basic loss per share from continuing operations was CNY 0.16 compared to basic earnings per share from continuing operations of CNY 0.1 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.
SHANGHAI JIAO YUN GROUP CO., LTD. 
