Yang Guang Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 04:55 am EDT
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Yang Guang Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 335.66 million compared to CNY 127.14 million a year ago. Revenue was CNY 335.66 million compared to CNY 127.14 million a year ago. Net income was CNY 13.3 million compared to net loss of CNY 80.33 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.11 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to diluted 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.