Tibet Tianlu Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:01 pm IST
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Tibet Tianlu Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 4,465.416 million compared to CNY 3,929.133 million a year ago. Operating income was CNY 627.507 million compared to CNY 830.660 million a year ago. Net income was CNY 308.635 million compared to CNY 426.960 million a year ago. Basic earnings per share from continuing operations was CNY 0.353 compared to CNY 0.4934 a year ago. Diluted earnings per share from continuing operations was CNY 0.3469 compared to CNY 0.4934 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.