Wangneng Environment Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 02:41 pm EDT
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Wangneng Environment Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 329.038 million compared to CNY 221.256 million a year ago. Operating income was CNY 94.756 million compared to CNY 79.861 million a year ago. Net income was CNY 85.311 million compared to CNY 63.580 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.15 a year ago.
WANGNENG ENVIRONMENT CO LTD, formerly Zhejiang Mizuda Printing & Dyeing Group Co Ltd, is a China-based company principally engaged in the disposal of urban solid waste, as well as the investment, construction and operation of related environmental industry. The Companyâs businesses include the operation of domestic and kitchen waste projects, sludge disposal, environmental protection equipment installation and house leasing business. The Company is also involved in the provision of development, consultation services of environmental treatment technologies.