Shanghai Jiao Yun Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:59 am EDT
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Shanghai Jiao Yun Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,620.16 million compared to CNY 1,999.86 million a year ago. Revenue was CNY 1,620.16 million compared to CNY 1,999.86 million a year ago. Net loss was CNY 43.18 million compared to net income of CNY 11.15 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to diluted earnings per share from continuing operations of CNY 0.01 a year ago.
Shanghai Jiao Yun Group Co Ltd is a China-based company primarily engaged in the provision of road freight and logistics services. The Company operates primarily through four segments. The Road Freight and Logistics Services segment is mainly engaged in multimodal transport, cold chain warehousing, steel logistics, manufacturing logistics and other businesses. The Passenger Car Sales and Automotive After-service segment is mainly engaged in automobile sales, automobile accessories, repairs, maintenance technical consultation and automobile parts retail business. The Automotive Parts Manufacturing and Sales Services segment is mainly engaged in the manufacturing, research and development of key components of automotive powertrains, body and body accessory assemblies. The Other segment is engaged in other businesses. The Company mainly conducts its businesses in the domestic market.