Zhejiang Orient Financial Holdings Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 09:53 pm IST
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Zhejiang Orient Financial Holdings Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 4,110.145 million compared to CNY 1,561.299 million a year ago. Operating income was CNY 132.801 million compared to CNY 65.630 million a year ago. Net income was CNY 81.765 million compared to CNY 29.871 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.01 a year ago.
Zhejiang Orient Financial Holdings Group Co Ltd, formerly ZHEJIANG ORIENT HOLDINGS CO., LTD, is a China-based company principally engaged in the wholesale and retail trading business. The Company operates through Commodity Circulation segment, Similar Financial segment and Real Estate segment. Commodity Circulation segment is involves in the import and export trading and domestic trading, with knitted apparels, woven apparels, home textiles, apparels, shoes and boots as export goods , as well as steel, nonferrous metals, pulp, chemical products and food as domestic trading goods. Similar Financial segment finance leasing, direct investment and fund management. Real Estate segment mainly involves in the sale of Xindilangjun, Baicuizhuang and Junlange projects.