City Development Environment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:31 am EDT
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City Development Environment Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,192.16 million compared to CNY 734.16 million a year ago. Revenue was CNY 1,192.16 million compared to CNY 734.16 million a year ago. Net income was CNY 224.39 million compared to CNY 193.88 million a year ago. Basic earnings per share from continuing operations was CNY 0.3495 compared to CNY 0.302 a year ago. Diluted earnings per share from continuing operations was CNY 0.3495 compared to CNY 0.302 a year ago.
CEVIA Enviro Inc is a China-based company principally engaged in the investment, construction, operation and management of environmental and public utility projects. The Company operates primarily through four segments. The Environmental Protection Business segment is mainly engaged in solid waste treatment business, water treatment business, and provides environmental sanitation services and environmental protection solution integration services. The Expressway Business segment is mainly engaged in the comprehensive development and operation of expressways and the provision of expressway-related supporting services. The Infrastructure Business segment is mainly engaged in the construction of domestic waste incineration power generation projects, solid waste treatment and water pollution control projects. The Headquarters segment is engaged in other businesses.