Wangneng Environment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 07:39 am EDT
Share
Wangneng Environment Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 659.97 million compared to CNY 544.87 million a year ago. Revenue was CNY 659.97 million compared to CNY 544.87 million a year ago. Net income was CNY 168.93 million compared to CNY 146.75 million a year ago. Basic earnings per share from continuing operations was CNY 0.39 compared to CNY 0.35 a year ago. Diluted earnings per share from continuing operations was CNY 0.36 compared to CNY 0.35 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.