Ningbo United Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 05:31 am EDT
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Ningbo United Group Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 385.89 million compared to CNY 509.97 million a year ago. Revenue was CNY 385.89 million compared to CNY 509.97 million a year ago. Net loss was CNY 5.57 million compared to net income of CNY 27.51 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.09 a year ago. Diluted loss per share from continuing operations was CNY 0.02 compared to diluted earnings per share from continuing operations of CNY 0.09 a year ago.
NINGBO UNITED GROUP CO., LTD is engaged in real estate business, wholesale business, power and thermal production and supply business, as well resident service business. Its real estate business mainly provides traditional housing, cultural tourism real estates and special commercial real estates. Its wholesale business is mainly engaged in import and export trading in clothing, textiles, footwear and paper. Its resident service business is mainly engaged in wedding ceremony business, which provides wedding ceremony services, photography services and car rental services.