Shengyuan Environmental Protection Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:20 am EDT
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Shengyuan 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 495.24 million compared to CNY 265.47 million a year ago. Revenue was CNY 495.24 million compared to CNY 265.47 million a year ago. Net income was CNY 72.89 million compared to CNY 122.67 million a year ago. Basic earnings per share from continuing operations was CNY 0.2682 compared to CNY 0.4514 a year ago. Diluted earnings per share from continuing operations was CNY 0.2682 compared to CNY 0.4514 a year ago.
Shengyuan Environmental Protection Co Ltd is a China-based company mainly engaged in the professional treatment of urban solid and liquid waste. Its main businesses mainly include garbage incineration power generation and sewage treatment. The garbage incineration power generation business is engaged in investing in the construction of garbage incineration power plants, incineration of garbage, the waste heat generated by garbage incineration is used for power generation, and the generated electricity is integrated into the power grid. The sewage treatment business is engaged in investing in the construction of sewage treatment plants, removing pollutants from the domestic sewage collected in the urban sewage pipe network, and then discharging the purified sewage into designated water. The Company mainly conducts its businesses in the China market.
SHENGYUAN ENVIRONMENTAL PROTECTION CO.,LTD. 
