Foran Energy Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 08:43 am EDT
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Foran Energy Group Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 9,631.21 million compared to CNY 5,062.88 million a year ago. Revenue was CNY 9,631.21 million compared to CNY 5,062.88 million a year ago. Net income was CNY 393.05 million compared to CNY 392.74 million a year ago. Basic earnings per share from continuing operations was CNY 0.4158 compared to CNY 0.4155 a year ago. Diluted earnings per share from continuing operations was CNY 0.4158 compared to CNY 0.4155 a year ago.
Foran Energy Group Co.,Ltd., formerly Foshan Gas Group Co.,Ltd., is a China-based company principally engaged in the transmission and distribution of natural gas. The Company also provides gas engineering design and construction, distributed energy, natural gas trading, gas storage peak shaving and other businesses. The Company's main product is natural gas, which is mainly applied to the fields of residential life, industry, commerce, power generation, transportation and distributed energy. The Company mainly distributes its products within domestic market.