Shanghai Aj Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 04:42 am EDT
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Shanghai Aj Group Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 398.25 million compared to CNY 545.45 million a year ago. Revenue was CNY 903.65 million compared to CNY 1,230.94 million a year ago. Net income was CNY 297.83 million compared to CNY 327.14 million a year ago. Basic earnings per share from continuing operations was CNY 0.185 compared to CNY 0.202 a year ago. Diluted earnings per share from continuing operations was CNY 0.185 compared to CNY 0.202 a year ago.
SHANGHAI AJ GROUP CO.,LTD., formerly Shanghai AJ Corporation, is principally engaged in investment trust service, international trading, and real estate management business. Through its subsidiaries, the Company primarily investment its assets in real estates, and involves in the import and export of merchandises, as well as the management and leasing of real estate. The Company operates its businesses primarily in Eastern China and Hong Kong, with Eastern China as its major market.