Yang Guang Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 05:01 am EDT
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Yang Guang Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 66.111 million compared to CNY 44.121 million a year ago. Operating income was CNY 3.445 million compared to operating loss of CNY 6.082 million a year ago. Net loss was CNY 8.154 million compared to CNY 19.177 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to CNY 0.03 a year ago.
YANG GUANG CO., LTD. is a China-based company principally engaged in the development of residential real estate and the leasing of properties. The Company's principal products include the community commercial properties under the brand of Life, the regional shopping centers under the brand of iShineCity, as well as the city comprehensive properties under the brand of YangguangCenter. The Company mainly operates its investment real estate in Beijing, Tianjin and Shanghai, as well as some second-tier cities.
YANG GUANG CO.,LTD. 
