CEC Environmental Protection Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 07:55 am EDT
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CEC Environmental Protection Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 598.46 million compared to CNY 597.55 million a year ago. Revenue was CNY 598.46 million compared to CNY 597.55 million a year ago. Net income was CNY 79.32 million compared to CNY 106.8 million a year ago. Basic earnings per share from continuing operations was CNY 0.133 compared to CNY 0.178 a year ago. Diluted earnings per share from continuing operations was CNY 0.133 compared to CNY 0.178 a year ago.
CEC Environmental Protection Co Ltd is a China-based company mainly engaged in water environment treatment. The Company's main businesses include: water business, solid and hazardous waste and soil remediation business, flue gas treatment business and intelligent environmental protection. The water business is mainly engaged in large industrial water treatment and urban water environment treatment. The solid and hazardous waste and soil remediation business includes hazardous waste disposal, contaminated site soil remediation, waste incineration power generation, agricultural and forestry waste power generation, biomass coupling power generation, kitchen waste treatment, oil sludge treatment, etc. The flue gas treatment business is mainly engaged in air pollution prevention and control. The intelligent environmental protection provides all-round smart industry solutions.