Nanjing Public Utilities Development Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 04:40 am EDT
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Nanjing Public Utilities Development Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,416.79 million compared to CNY 1,077.09 million a year ago. Revenue was CNY 1,416.79 million compared to CNY 1,077.09 million a year ago. Net loss was CNY 13.08 million compared to net income of CNY 16.39 million a year ago. Basic loss per share from continuing operations was CNY 0.0226 compared to basic earnings per share from continuing operations of CNY 0.0286 a year ago. Diluted loss per share from continuing operations was CNY 0.0226 compared to diluted earnings per share from continuing operations of CNY 0.0286 a year ago.
Nanjing Public Utilities Development Co., Ltd., formerly Nanjing Zhongbei (Group) Co., Ltd. is a China-based company principally engaged in the operation of vehicle transportation and development of real estates. The Company is also involved in electricity power generation, automobile distribution and tourism service businesses, among others. The Company mainly operates its businesses in the domestic market, including Jiangsu province and Hebei province, China. Through its subsidiaries and associates, the Company is also involved in the provision of taxi services, development, distribution and leasing of commercial housings, property management, passenger transportation services, as well as electricity and heat supplying business, among others.