Misho Ecology & Landscape Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 30, 2021 at 10:30 am EDT
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Misho Ecology & Landscape Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 163.404 million compared to CNY 98.017 million a year ago. Operating income was CNY 21.608 million compared to operating loss of CNY 31.230 million a year ago. Net income was CNY 20.850 million compared to net loss of CNY 33.649 million a year ago. Basic earnings per share from continuing operations was CNY 0.0309 compared to basic loss per share from continuing operations of CNY 0.0499 a year ago.
Misho Ecology & Landscape Co.,Ltd., formerly Jiangsu Misho Ecology & Landscape Co., Ltd., is a China-based company principally engaged in ecological landscape construction. The Company mainly operates through Ecological Restoration and Reconstruction segment and Garden Landscape segment. Ecological Restoration and Reconstruction segment is mainly involved in wetland restoration and protection, urban wetland parks, non-point source pollution ecological interception and governance, river course comprehensive treatment, mining rehabilitation, slope treatment and soil remediation, among others. Garden Landscape segment includes road greening, square landscape and real estate landscape, among others. The Company is also involved in the design and conservation of landscapes, as well as the sale nursery stocks. The Company operates its business mainly in domestic market.