Shenzhen Heungkong Holding Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:26 pm EDT
Share
Shenzhen HeungKong Holding Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 960.723 million compared to CNY 391.652 million a year ago. Operating income was CNY 55.819 million compared to operating loss of CNY 69.501 million a year ago. Net income was CNY 24.614 million compared to net loss of CNY 38.955 million a year ago. Basic earnings per share from continuing operations was CNY 0.0073 compared to basic loss per share from continuing operations of CNY 0.0115 a year ago.
Shenzhen Heungkong Holding Co Ltd is a China-based company principally engaged in urban industrial development, commercial circulation and home furnishing store operations. The Company operates its businesses through three segments. The Commercial Housing, Shops and Office Building Sales segment is mainly engaged in real estate development, focusing on the development of urban industries. The Commercial Circulation Operation segment mainly includes the development and operation of commercial circulation markets and home furnishing stores. The Other segments mainly include property services and other businesses.