Black Peony Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 03:26 pm IST
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Black Peony Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 3,574.582 million compared to CNY 3,297.440 million a year ago. Operating income was CNY 740.979 million compared to CNY 718.591 million a year ago. Net income was CNY 363.912 million compared to CNY 279.287 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to CNY 0.27 a year ago.
Black Peony Group Co Ltd is a China-based company mainly engaged in urban construction business. The Company operates three segments. Urban Construction segment is engaged in new urbanization construction business, including infrastructure construction, affordable housing construction, real estate development, development and operation of characteristic industrial science and technology parks, transformation and operation of cultural and creative parks and other real estate businesses. Textile segment is engaged in fabric production, garment processing and brand operation. Others segment include pre-land development projects, vast hectares of fertile land engineering projects and digital energy infrastructure business. The Company mainly conducts businesses within the domestic market.