Yang Guang Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:15 am EDT
Share
Yang Guang Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 83.43 million compared to CNY 66.11 million a year ago. Revenue was CNY 83.43 million compared to CNY 66.11 million a year ago. Net loss was CNY 4.75 million compared to CNY 8.15 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.01 compared to CNY 0.01 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.