Hainan Ruize New Building Material Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 08:03 am EDT
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Hainan RuiZe New Building Material Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 564.510 million compared to CNY 321.381 million a year ago. Operating income was CNY 10.027 million compared to operating loss of CNY 9.212 million a year ago. Net income was CNY 2.480 million compared to net loss of CNY 15.158 million a year ago. Basic earnings per share from continuing operations was CNY 0.0022 compared to basic loss per share from continuing operations of CNY 0.0132 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.
HAINAN RUIZE NEW BUILDING MATERIAL CO.,LTD 
