Shanghai Shentong Metro Co., Ltd. Reports Earnings Results for the Fourth Quarter Ended March 31, 2021
April 27, 2021 at 05:16 am EDT
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Shanghai Shentong Metro Co., Ltd. announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced sales was CNY 73.094 million compared to CNY 71.357 million a year ago. Operating income was CNY 19.871 million compared to CNY 27.626 million a year ago. Net income was CNY 14.803 million compared to CNY 21.260 million a year ago. Basic earnings per share from continuing operations was CNY 0.031011 compared to CNY 0.044537 a year ago. For the full year, sales was CNY 301.365 million compared to CNY 658.916 million a year ago. Operating income was CNY 104.954 million compared to CNY 95.432 million a year ago. Net income was CNY 73.820 million compared to CNY 68.157 million a year ago. Basic earnings per share from continuing operations was CNY 0.154636 compared to CNY 0.142773 a year ago.
SHANGHAI SHENTONG METRO CO., LTD. is a China based company principally engaged in rail transit construction and management business. The Company is mainly engaged in the operation and management, comprehensive development and operation business of Shanghai Metro Line (Xinzhuang-Shanghai Railway Station) as well as the repair ad maintenance of rail transportation facilities and equipments. In addition, The Company is also engaged in financial leasing and commercial factoring business. The Company mainly operates its business in Shanghai City.