Hainan Ruize New Building Material Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 05:27 pm IST
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Hainan RuiZe New Building Material Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,722.901 million compared to CNY 1,818.362 million a year ago. Operating income was CNY 73.169 million compared to CNY 94.648 million a year ago. Net income was CNY 30.869 million compared to CNY 56.586 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.05 a year ago.
Hainan RuiZe New Building Material Co., Ltd. is a China-based company principally engaged in the production and sales of non-metallic mineral products. The Company mainly operates through four segments. The Commercial concrete segment is mainly engaged in the production and sales of various strength grades of ordinary concrete, marine concrete, ecological concrete, colored landscape concrete and decorative concrete. The Cement segment is mainly engaged in the production and sales of bulk PO42.5R cement. The Landscaping segment is mainly engaged in landscape design, landscape engineering construction, landscaping maintenance services and seedling planting and sales. The Municipal Sanitation segment is engaged in municipal solid waste cleaning, collection, transportation, disposal, recycling and utilization as well as urban afforestation management and maintenance. The Company mainly operates in the domestic market, with Hainan as the main market.
HAINAN RUIZE NEW BUILDING MATERIAL CO.,LTD 
