Chongqing Water Group Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 14, 2020 at 03:46 am EDT
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Chongqing Water Group Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,594.806 million compared to CNY 2,557.939 million a year ago. Operating income was CNY 811.664 million compared to CNY 874.001 million a year ago. Net income was CNY 791.941 million compared to CNY 843.009 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.18 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.