Penyao Environmental Protection Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 04:47 am EDT
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Penyao Environmental Protection Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 429.33 million compared to CNY 399.85 million a year ago. Revenue was CNY 429.33 million compared to CNY 399.85 million a year ago. Net income was CNY 71.86 million compared to CNY 73.61 million a year ago. Basic earnings per share from continuing operations was CNY 0.1006 compared to CNY 0.103 a year ago. Diluted earnings per share from continuing operations was CNY 0.1006 compared to CNY 0.103 a year ago.
Penyao Environmental Protection Co Ltd is a China-based company mainly engaged in environmental protection water treatment-related businesses. The Company's business mainly operates through five segments. Engineering Contracting segment is mainly engaged in the design, consulting, procurement, construction and other services of environmentally friendly water treatment facilities. Sewage Treatment segment is mainly engaged in municipal sewage treatment, township sewage treatment, industrial sewage treatment and other businesses. Water Supply Treatment segment is mainly engaged in municipal water supply and investment operations. Sludge Treatment segment is mainly engaged in disposal services and resource utilization of organic solid waste such as urban sludge and kitchen waste. Others segment is mainly engaged in other environmental protection-related operations and management services.