Shanghai Shenhua Holdings Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 02:00 pm IST
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Shanghai Shenhua Holdings Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 3,014.636 million compared to CNY 3,666.191 million a year ago. Operating income was CNY 18.611 million compared to CNY 16.914 million a year ago. Net loss was CNY 32.300 million compared to net income of CNY 16.249 million a year ago. Basic loss per share from continuing operations was CNY 0.0166 compared to basic earnings per share from continuing operations of CNY 0.0083 a year ago.
Liaoning Shenhua Holdings Co Ltd, formerly Shanghai Shenhua Holdings Co., Ltd., is a China based company principally engaged in auto sales business. The Company operates its business through four segments. The Automotive Consumer Services segment is engaged in the auto cultural industrial park, auto sales services, car rental business and special vehicle manufacture and sales business. The New Energy segment is principally engaged in wind farm operation and electricity sales business. The Real Estate segment is mainly engaged in the development, sales and leasing of real estate. The Financial segment is mainly engaged in financial leasing business. The Company operates its business in domestic market and overseas markets.