China World Trade Center Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 30, 2023 at 06:21 am EDT
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China World Trade Center Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CNY 1,011.61 million compared to CNY 936.62 million a year ago. Net income was CNY 348.63 million compared to CNY 298.14 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to CNY 0.3 a year ago. Diluted earnings per share from continuing operations was CNY 0.35.
For the nine months, sales was CNY 2,949.97 million compared to CNY 2,596.23 million a year ago. Net income was CNY 1,002.28 million compared to CNY 869 million a year ago. Basic earnings per share from continuing operations was CNY 1 compared to CNY 0.86 a year ago. Diluted earnings per share from continuing operations was CNY 1.
China World Trade Center Co., Ltd. is a China-based company principally engaged in the investment, operation and management of commercial facilities. The Company is mainly engaged in property leasing and management, including leasing and management of office buildings, shopping plazas and apartments, as well as hotel operation. The Company also involves in the provision of large-scale exhibitions and supporting services and parking facilities.