Tianjin Hi-Tech Development Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 29, 2022 at 11:59 pm IST
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Tianjin Hi-Tech Development Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 826.42 million compared to CNY 458.1 million a year ago. Revenue was CNY 911.55 million compared to CNY 458.1 million a year ago. Net income was CNY 10.07 million compared to CNY 33.02 million a year ago. Basic earnings per share from continuing operations was CNY 0.0156 compared to CNY 0.0511 a year ago. Diluted earnings per share from continuing operations was CNY 0.0156 compared to CNY 0.0511 a year ago.
Tianjin Hi-Tech Development Co., Ltd. is a China-based company principally engaged in the development and operation of industrial estate properties. The Company's main businesses include the property business, high-tech industry investment, incubation services and trading. The Companyâs property projects include business process outsourcing (BPO) site, hi-tech innovation base and hi-tech green industrial base, among others. High-tech industry investment is mainly involved in the equity investment in enterprises. Incubation services provide professional services to entered enterprises, such as finance consulting, patent services and entrepreneurship mentor training. Trading business mainly consist of the wholesale of iron and steel and other construction materials. The Company primarily conducts its business in North China.