China Wuyi Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 03:42 pm IST
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China Wuyi Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 884.24 million compared to CNY 803.73 million a year ago. Revenue was CNY 884.24 million compared to CNY 803.73 million a year ago. Net income was CNY 10.49 million compared to CNY 16.51 million a year ago. Basic earnings per share from continuing operations was CNY 0.0067 compared to CNY 0.0105 a year ago. Diluted earnings per share from continuing operations was CNY 0.0067 compared to CNY 0.0105 a year ago.
CHINAWUYICO.,LTD. is a China-based company principally engaged in the undertaking of construction engineering projects and the development of real estates. The Companyâs construction contracting projects include building construction engineering projects, such as residential buildings, hospitals and convention centers, as well as public infrastructure projects, such as highways, bridges and airports. The Companyâs real estate products include apartments, villas, shopping malls, office building and hotels, among others. The Company is also involved in international trading, property management, building materials production and engineering supervision businesses. The Company operates its business in domestic and overseas markets.