Chongqing Water Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 04:18 am EDT
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Chongqing Water Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,135.621 million compared to CNY 1,105.310 million a year ago. Operating income was CNY 269.179 million compared to CNY 348.446 million a year ago. Net income was CNY 268.543 million compared to CNY 338.584 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.07 a year ago.
Chongqing Water Group Co., Ltd. is a China-based company, principally engaged in the investment, operation, construction and management of urban water supply and drainage projects. The Company also engages in the management of urban water supply and drainage system devices, as well as design of water supply and drainage engineering, and provision of technology consulting services. The Company operates its businesses through sewage treatment business, the distribution of tap water, engineering construction, as well as other businesses. The Company operates its businesses primarily in Chongqing, China.
CHONGQING WATER GROUP CO.,LTD. 
