Wolong Real Estate Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 06:24 am EDT
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Wolong Real Estate Group Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,183.92 million compared to CNY 947.69 million a year ago. Revenue was CNY 2,183.92 million compared to CNY 947.69 million a year ago. Net income was CNY 418.72 million compared to CNY 204.88 million a year ago. Basic earnings per share from continuing operations was CNY 0.5981 compared to CNY 0.2927 a year ago. Diluted earnings per share from continuing operations was CNY 0.5973 compared to CNY 0.2924 a year ago.
Wolong Resources Group Co Ltd, formerly Wolong Real Estate Group Co Ltd, is a China-based company principally engaged in the development and sales of properties. The Company's projects are mainly situated in Wuhan, Qingyuan and Shaoxing. The Company is also engaged in property management business. The Company operates its businesses principally in East China, Middle China and South China. Through its subsidiaries, it is also involved in the property development and operation, hotel operation, as well as landscape construction, among others.