Lingda Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 03:58 am EDT
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Lingda Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 830.77 million compared to CNY 53.56 million a year ago. Revenue was CNY 830.77 million compared to CNY 53.56 million a year ago. Net loss was CNY 38.67 million compared to CNY 7.43 million a year ago. Basic loss per share from continuing operations was CNY 0.146 compared to CNY 0.0283 a year ago. Diluted loss per share from continuing operations was CNY 0.146 compared to CNY 0.0283 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.
LINGDA GROUP CO., LTD. 
