Lingda Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 29, 2021 at 04:06 am EDT
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Lingda Group Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 566.978 million compared to CNY 34.005 million a year ago. Operating income was CNY 303,056.11 compared to operating loss of CNY 8.317 million a year ago. Net loss was CNY 1.006 million compared to CNY 4.080 million a year ago. Basic loss per share from continuing operations was CNY 0.0038 compared to CNY 0.0156 a year ago.
Lingda Group Co Ltd, formerly Dalian East New Energy Development Co Ltd, is a China-based company mainly engaged in investment business and photovoltaic power generation business. The Company operates five segments. The Photovoltaic Power Generation Business segment is engaged in the operation of photovoltaic power plants. The Commercial Factoring Business segment is engaged in factoring business. The Naked-eye 3 dimensions (3D) Business segment provides naked-eye 3D / XR general-purpose computing platforms and solutions. The Waste Heat Power Generation Business segment provides services for energy conservation and emission reduction through general contracting, engineering design, equipment manufacturing and complete sets and technical services. Its customers are mainly in the cement industry. The Company also operates Others segment. The Company's investment business areas involve naked-eye 3D, industrial hemp derivative processing and commercial factoring.