ARTS Group Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 27, 2022 at 07:46 pm EDT
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ARTS Group Co., Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,768 million compared to CNY 1,807.66 million a year ago. Revenue was CNY 1,793.66 million compared to CNY 1,835.47 million a year ago. Net loss was CNY 418.56 million compared to net income of CNY 219.07 million a year ago. Basic loss per share from continuing operations was CNY 1.52 compared to basic earnings per share from continuing operations of CNY 0.79 a year ago. Diluted loss per share from continuing operations was CNY 1.52 compared to diluted earnings per share from continuing operations of CNY 0.79 a year ago.
ARTS Group Co., Ltd., formerly SUZHOU INDUSTRIAL PARK DESIGN & RESEARCH INSTITUTE CO.,LTD., is a China-based company principally engaged in the provision of design and engineering integrated services. The Company is mainly engaged in the engineering design, engineering general contracting, construction supervision and project management service businesses in the construction area. The Companyâs businesses cover public, civil and industrial construction areas. The Company operates its businesses in domestic market.