Welle Environmental Group Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 08:32 am EDT
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WELLE Environmental Group Co.,Ltd announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,586.011 million compared to CNY 1,286.491 million a year ago. Operating income was CNY 134.788 million compared to CNY 194.140 million a year ago. Net income was CNY 131.168 million compared to CNY 163.087 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.21 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.19 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.