WELLE Environmental Group Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021
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WELLE Environmental Group Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,359.88 million compared to CNY 2,011.81 million a year ago. Revenue was CNY 2,359.88 million compared to CNY 2,011.81 million a year ago. Net income was CNY 169.33 million compared to CNY 298.46 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to CNY 0.38 a year ago. Diluted earnings per share from continuing operations was CNY 0.22 compared to CNY 0.34 a year ago.
WELLE Environmental Group Co., Ltd., formerly Jiangsu WELLE Environmental Co., Ltd is engaged in life garbage percolate treatment business. The Company principally provides design, equipment supply, installation and commissioning, operation and related technical services in the fields of waste treatment, leachate treatment and industrial wastewater treatment. The Company's projects include landfill percolate treatment projects, incineration plant treatment projects, industrial waste water treatment projects, as well as solid waste treatment projects. The Company operates its business mainly in domestic market.