China HGS Announces First Nine Months of Fiscal 2021 Financial Results
China HGS Real Estate, Inc. (HGSH)
US:NASDAQ Investor Relations:
chinahgs.com/hgs_en/content.asp?topid=5
Company Research
Source: PR Newswire
HANZHONG, China, Aug. 16, 2021 /PRNewswire/ -- China HGS Real Estate Inc. (NASDAQ: HGSH) ("China HGS" or the "Company"), a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, announced its interim financial results for the first nine months of fiscal 2021 ended June 30, 2021.Third Quarter Fiscal 2021 Highlights Total revenues for the third quarter of fiscal 2021 were approximately $31.8 million, representing an increase of 944.6% from approximately $3.0 million in the same quarter of fiscal 2020 due to more gross floor area sold during the current quarter. Net income for the third quarter of fiscal 2021 totaled approximately $3.6 million, significantly increased from net loss of approximately $2.6 million in the same period of last year. Basic and diluted net income per share for the third quarter of fiscal 2021 increased to $0.14, compared to net loss per share of $0.11 for the same quarter of the last year. First Nine Months of Fiscal 2021
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