Tibet Tianlu Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 18, 2020 at 04:00 pm IST
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Tibet Tianlu Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,231.273 million compared to CNY 2,278.693 million a year ago. Operating income was CNY 306.377 million compared to CNY 421.686 million a year ago. Net income was CNY 136.901 million compared to CNY 208.546 million a year ago. Basic earnings per share from continuing operations was CNY 0.1582 compared to CNY 0.241 a year ago. Diluted earnings per share from continuing operations was CNY 0.1565 compared to CNY 0.241 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.