Yang Guang Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 03:44 am EDT
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Yang Guang Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 127.137 million compared to CNY 164.304 million a year ago. Operating loss was CNY 45.577 million compared to CNY 6.644 million a year ago. Net loss was CNY 80.328 million compared to CNY 44.319 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to CNY 0.06 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. 
