Misho Ecology & Landscape Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 09:59 am EDT
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Misho Ecology & Landscape Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 4.33 million compared to CNY 163.4 million a year ago. Revenue was CNY 4.33 million compared to CNY 163.4 million a year ago. Net loss was CNY 39.8 million compared to net income of CNY 20.85 million a year ago. Basic loss per share from continuing operations was CNY 0.059 compared to basic earnings per share from continuing operations of CNY 0.0309 a year ago. Diluted loss per share from continuing operations was CNY 0.059 compared to diluted earnings per share from continuing operations of CNY 0.0309 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.