Chongqing Water Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 04:20 am EDT
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Chongqing Water Group Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 4,092.906 million compared to CNY 3,622.813 million a year ago. Operating income was CNY 1,503.050 million compared to CNY 1,441.631 million a year ago. Net income was CNY 1,441.981 million compared to CNY 1,391.756 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.29 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.