Sunny Loan Top Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021 at 09:35 am EDT
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Sunny Loan Top Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 60.176 million compared to CNY 44.580 million a year ago. Operating income was CNY 42.345 million compared to CNY 17.525 million a year ago. Net income was CNY 19.626 million compared to CNY 5.409 million a year ago. Basic earnings per share from continuing operations was CNY 0.043 compared to CNY 0.012 a year ago.
Sunny Loan Top Co Ltd is a China-based company mainly engaged in pawn, guarantee, financial leasing, special assets and quasi-financial investment businesses. The pawn business is mainly engaged in pledging or mortgaging its movable properties, real estate, and property rights to the pawn company as pawn materials and obtaining the pawn money. The guarantee business is mainly engaged in non-financing guarantee business and financing guarantee business. The financial leasing business is mainly engaged in financial leasing. The quasi-financial investment business is mainly engaged in indirect capital income business, capital market investment business and other equity investment businesses. The special assets business is mainly engaged in the acquisition of debt asset packages held by local AMC companies or other private entities through indirect acquisitions through the establishment of partnerships, direct participation in public auction acquisitions, or direct agreement transfers.
SUNNY LOAN TOP CO.,LTD. 
