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Poly Developments And Holdings Group Co., Ltd. Q1 Sales Decline

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Poly Developments and Holdings Group Co., Ltd. (600048.SS) revealed a profit for first quarter of RMB915.69 million

The company's bottom line came in at RMB915.69 million, or RMB0.08 per share. This compares with RMB2.132 million, or RMB0.18 per share, last year.

The company's revenue for the period fell 15.7% to RMB45.730 billion from RMB54.271 billion last year.

Poly Developments and Holdings Group Co., Ltd. earnings at a glance (GAAP) :

-Earnings: RMB915.69 Mln. vs. RMB2.132 Mln. last year.
-EPS: RMB0.08 vs. RMB0.18 last year.
-Revenue: RMB45.730 Bln vs. RMB54.271 Bln last year.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.