Guangxi Nanning Waterworks Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 25, 2019 at 04:59 am EDT
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Guangxi Nanning Waterworks Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,109.795 million compared to CNY 998.091 million a year ago. Operating income was CNY 241.241 million compared to CNY 261.427 million a year ago. Net income was CNY 202.980 million compared to CNY 221.383 million a year ago. Basic earnings per share from continuing operations was CNY 0.2641 compared to CNY 0.3009 a year ago.
Guangxi Nanning Waterworks Co.,Ltd. is principally engaged in three business segments: water supply, waste water treatment and engineering construction. Water Supply segment is engaged in the production and distribution of tap water. Waste Water Treatment segment is engaged in the treatment of life waste water. Engineering Construction segment involves in the investment, construction, operation and maintenance of water supply and waste water treatment facilities. The Company operates its businesses primarily in Nanning, Guangxi autonomous region, China.