Huangshan Tourism Development Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 15, 2022 at 06:03 am EDT
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Huangshan Tourism Development Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 867.03 million compared to CNY 719.75 million a year ago. Revenue was CNY 895.21 million compared to CNY 740.84 million a year ago. Net income was CNY 43.47 million compared to net loss of CNY 46.37 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to basic loss per share from continuing operations of CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to diluted loss per share from continuing operations of CNY 0.06 a year ago.
Huangshan Tourism Development Co.,Ltd. mainly operates through four segments, including Scenic Area Management, Cableway Operation, Hotel Business and Travel Agency. Scenic Area Management segment is engaged in the daily operation and management, infrastructure construction, environment sanitation and cleaning, sewage treatment and other services in Huangshan scenic zone, Anhui province, China and in HuaShan Mysterious Grottoes, Zhejiang province, China. Cableway Operation segment consists of the safety management, equipment maintenance and services of the cableways in Huangshan. Hotel Business segment is involved in the operation and management of the hotels that the Company owns. Travel Agency segment provides domestic tourism, inbound tourism, outbound tourism, air ticketing, exhibition services, advertising planning and other services. The Company also involves in the development and distribution of commercial residential properties.