Sunny Loan Top Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 08:20 am EDT
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Sunny Loan Top Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 81.147 million compared to CNY 37.138 million a year ago. Operating income was CNY 41.764 million compared to operating loss of CNY 10.655 million a year ago. Net income was CNY 16.738 million compared to net loss of CNY 15.083 million a year ago. Basic earnings per share from continuing operations was CNY 0.037 compared to basic loss per share from continuing operations of CNY 0.033 a year ago.
Sunny Loan Top Co Ltd is a China-based company mainly engaged in pawn, guarantee, financial leasing, special assets and quasi-financial investment businesses. The pawn business is mainly engaged in pledging or mortgaging its movable properties, real estate, and property rights to the pawn company as pawn materials and obtaining the pawn money. The guarantee business is mainly engaged in non-financing guarantee business and financing guarantee business. The financial leasing business is mainly engaged in financial leasing. The quasi-financial investment business is mainly engaged in indirect capital income business, capital market investment business and other equity investment businesses. The special assets business is mainly engaged in the acquisition of debt asset packages held by local AMC companies or other private entities through indirect acquisitions through the establishment of partnerships, direct participation in public auction acquisitions, or direct agreement transfers.