Shandong Xinneng Taishan Power Generation Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:06 am EDT
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Shandong Xinneng Taishan Power Generation Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 755.36 million compared to CNY 656.18 million a year ago. Revenue was CNY 755.36 million compared to CNY 656.18 million a year ago. Net loss was CNY 32.6 million compared to CNY 14.12 million a year ago. Basic loss per share from continuing operations was CNY 0.0259 compared to CNY 0.0112 a year ago. Diluted loss per share from continuing operations was CNY 0.0259 compared to CNY 0.0112 a year ago.
Shandong Xinneng Taishan Power Generation Co Ltd is a China-based company mainly engaged in industrial park development, comprehensive asset operation and bulk commodity supply chain business. The Company operates its businesses through four segments. The Real Estate Sales segment is mainly engaged in the sales of residences, hotels, shops, and office buildings. The Wire And Cable segment is mainly engaged in the research and development, manufacturing and sales of wire and cable, optical fiber cable, power optical cable and other products. The Main Commodities of Supply Chain business segment include communication cables and power cables. The Property Service segment mainly provides comprehensive asset operation services such as customer service, equipment, security, cleaning, landscaping, catering, and conference affairs. The Company mainly operates its business in the domestic market.