trending Market Intelligence /marketintelligence/en/news-insights/trending/U1YyIsjNFlKZ8QcCVFOcjA2 content esgSubNav
In This List

Lanzhou Minbai Shareholding Q1 profit falls YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Lanzhou Minbai Shareholding Q1 profit falls YOY

4914282 said its first-quarter normalized net income came to 7 fen per share, a decrease of 9.8% from 8 fen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 25.2 million yuan, a decrease of 10.5% from 28.1 million yuan in the prior-year period.

The normalized profit margin fell to 7.5% from 7.8% in the year-earlier period.

Total revenue decreased 6.6% on an annual basis to 335.6 million yuan from 359.4 million yuan, and total operating expenses fell 6.9% year over year to 292.7 million yuan from 314.4 million yuan.

eported net income decreased 9.5% year over y Lanzhou Minbai Shareholding (group) Co. Ltd.