Shanghai Jiao Yun Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 27, 2019 at 03:30 am EDT
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Shanghai Jiao Yun Group Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 6,246.963 million compared to CNY 7,167.950 million a year ago. Operating income was CNY 109.208 million compared to CNY 308.333 million a year ago. Net income was CNY 100.824 million compared to CNY 210.093 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.2 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. 
