Dazhong Transportation Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 01:46 pm IST
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Dazhong Transportation (Group) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 462.79 million compared to CNY 529.59 million a year ago. Revenue was CNY 509.27 million compared to CNY 570.97 million a year ago. Net loss was CNY 260.18 million compared to net income of CNY 60.63 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.11 compared to diluted earnings per share from continuing operations of CNY 0.03 a year ago.
Dazhong Transportation Group Co Ltd is a China-based company principally engaged in the transport and automobile service business, the financial investment business, the property and hotel business and the big data business. The Company operates its businesses through six segments. Transport segment is mainly engaged in taxi operations, car rental and modern logistics. Tourism and Catering Services segment is mainly involved in hotel accommodation, catering and tourism services, conferences and exhibitions. Information Technology Services segment is mainly engaged in Internet data center (IDC) hosting and other businesses. Real Estate segment is mainly engaged in the independent development and sale of residential and commercial premises. Captive Finance segment is mainly involved in microfinance business. Others segment is mainly involved in other related businesses. The Company mainly conducts its businesses in the domestic market and overseas markets.