Shenzhen Universe Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 06:33 am EDT
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Shenzhen Universe Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 178,318.14 compared to CNY 183,053.42 a year ago. Operating income was CNY 4,410.88 compared to CNY 10,388.66 a year ago. Net loss was CNY 815.52 compared to net income of CNY 5,082.46 a year ago. Basic loss per share from continuing operations was CNY 0.0588 compared to basic earnings per share from continuing operations of CNY 0.3663 a year ago.
SHENZHEN UNIVERSE (GROUP) CO., LTD. is primarily engaged in the manufacture and sale of concrete and raw materials, and the operation of property management and real estate development and distribution business. The Company operates in four segments, including Commercial Concrete, Property Management, Real Estate and Leasing Services. The Company operates its real estate business in Shenzhen and other areas, including Donghai County, Lianyungang City, and Xiâan City. It is also engaged in the distribution of cement products. The Company principally operates its business in Shenzhen, Guangdong province, Hunan province and Xiâan, Shaanxi province, China.