Yang Guang Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 11:00 am EDT
Share
Yang Guang Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 570.162 million compared to CNY 242.774 million a year ago. Operating income was CNY 112.090 million compared to operating loss of CNY 37.523 million a year ago. Net income was CNY 107.337 million compared to net loss of CNY 81.761 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to basic loss per share from continuing operations of CNY 0.11 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. 
