Citychamp Dartong Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 10:50 am EDT
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Citychamp Dartong Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 2,121.486 million compared to CNY 852.096 million a year ago. Operating income was CNY 72.968 million compared to operating loss of CNY 50.695 million a year ago. Net income was CNY 19.143 million compared to net loss of CNY 75.650 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to basic loss per share from continuing operations of CNY 0.05 a year ago.
CITYCHAMP DARTONG CO., LTD. is a China-based company principally engaged in the development and sales of properties. The Company is also engaged in the manufacturing and sales of enameled wires. The Companyâs real estate products include general residential buildings, office buildings, high-rise apartments, garden houses, villas, comprehensive commercial buildings and others. The Company's enameled wires are mainly used in home appliances, automobiles, power tools, generators, special motors, electronics and other industries. The Company is also involved in the manufacturing and sales of power batteries through its subsidiaries.