Tibet Tianlu Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 18, 2022 at 06:29 pm IST
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Tibet Tianlu Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 5,752.5 million compared to CNY 7,073.73 million a year ago. Revenue was CNY 5,776.9 million compared to CNY 7,076.78 million a year ago. Net income was CNY 40.02 million compared to CNY 436.78 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.49 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.48 a year ago.
TIBET TIANLU CO., LTD. is a China-based company principally engaged in the engineering construction, construction material production and distribution and mineral exploration. Engineering Construction segment mainly contracts for highway pavement construction projects and bridge construction projects. The main product of Construction Material Production and Distribution segment is cement. Mineral Exploration segment is mainly involved in the early stage of mineral exploration. The Company operates its businesses primarily in Tibet Autonomous Region, China.