Longzhou Group Co., Ltd. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
April 27, 2021 at 02:46 pm IST
Share
Longzhou Group Co., Ltd. announced earnings results for the fourth quarter ended December 31, 2020. For the year, the company announced sales was CNY 3,599.933 million compared to CNY 6,062.892 million a year ago. Operating loss was CNY 993.211 million compared to operating Income of CNY 216.246 million a year ago. Net loss was CNY 917.997 million compared to net income of CNY 121.987 million a year ago. Basic loss per share from continuing operations was CNY 1.63 compared to basic earnings per share from continuing operations of CNY 0.22 a year ago. For the quarter, sales was CNY 857.330 million compared to CNY 507.147 million a year ago. Operating income was CNY 27.854 million compared to operating loss of CNY 1.996 million a year ago. Net income was CNY 12.914 million compared to net loss of CNY 15.200 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.03 a year ago.
LONGZHOU GROUP CO., LTD., formerly FUJIAN LONGZHOU TRANSPORTATION CO.,LTD., is engaged in modern logistics service, automobile passenger and station service, automobile manufacturing, sale and service, oil and gas product sale and other businesses. Its modern logistics service business includes asphalt supply chain, logistics park operation, port terminal operation, car free carrier and professional freight transport businesses. Its bus passenger transport and station service business includes bus passenger, tourist and taxi passenger transport, as well as urban bus and passenger station operation businesses. Its automobile manufacturing, sale and service business includes passenger and freight vehicle agent sale, spare parts sale, vehicle inspection and maintenance service businesses, as well as the research and development of new energy vehicles. Its finished oil and natural gas sale business is engaged in the investment, construction and operation of filling stations
LONGZHOU GROUP CO., LTD. 