Penyao Environmental Protection 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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Penyao Environmental Protection Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,562.97 million compared to CNY 1,328.34 million a year ago. Revenue was CNY 1,562.97 million compared to CNY 1,328.34 million a year ago. Net income was CNY 284.1 million compared to CNY 274.62 million a year ago. Basic earnings per share from continuing operations was CNY 0.3976 compared to CNY 0.3841 a year ago. Diluted earnings per share from continuing operations was CNY 0.3976 compared to CNY 0.3841 a year ago.
Pengyao Environmental Protection Co., Ltd. is a China-based company principally involved in the environmental protection water treatment-related business. The Company operates through four main segments. The Investment and Operation segment is mainly engaged in the operation and maintenance of sewage treatment projects and water supply projects. The Engineering Contracting segment is primarily engaged in the design of water treatment projects, integration of equipment procurement, civil construction, installation and debugging and technical services, among others. The Equipment Manufacture and Sales segment is mainly involved in the sales of sewage treatment equipment, water treatment equipment and pure water treatment equipment, among others. The Design and Consultation Services segment is mainly engaged in the provision of initial design and construction design services of water treatment projects to clients.