Hainan RuiZe New Building Material Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 06:45 am EDT
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Hainan RuiZe New Building Material Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,909.46 million compared to CNY 1,722.9 million a year ago. Revenue was CNY 1,909.46 million compared to CNY 1,722.9 million a year ago. Net loss was CNY 84.53 million compared to net income of CNY 30.87 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to diluted earnings per share from continuing operations of CNY 0.03 a year ago.
Hainan RuiZe New Building Material Co., Ltd. is a China-based company principally engaged in the production and sales of non-metallic mineral products. The Company mainly operates through four segments. The Commercial concrete segment is mainly engaged in the production and sales of various strength grades of ordinary concrete, marine concrete, ecological concrete, colored landscape concrete and decorative concrete. The Cement segment is mainly engaged in the production and sales of bulk PO42.5R cement. The Landscaping segment is mainly engaged in landscape design, landscape engineering construction, landscaping maintenance services and seedling planting and sales. The Municipal Sanitation segment is engaged in municipal solid waste cleaning, collection, transportation, disposal, recycling and utilization as well as urban afforestation management and maintenance. The Company mainly operates in the domestic market, with Hainan as the main market.