Rizhao Port Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 08:45 pm IST
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Rizhao Port Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,832.47 million compared to CNY 1,553.32 million a year ago. Revenue was CNY 1,832.47 million compared to CNY 1,553.32 million a year ago. Net income was CNY 248.27 million compared to CNY 199.34 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.07 a year ago.
RIZHAO PORT CO.,LTD. is a China-based company principally engaged in the operation of terminals and other port facilities, as well as the provision of loading and unloading, storage and other services in port areas. The Company operates through three segments: Loading and Unloading Service segment, Stockpiling Services segment and Port Management segment. The Company also involves in the leasing, maintenance and operation of port machineries, facilities and equipment; the provision of ship and port services; the provision of access to Internet services, sale of electric power and wastewater treatment, among others.