Zhejiang Renzhi Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
July 19, 2021 at 05:16 am EDT
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Zhejiang Renzhi Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 62.615 million compared to CNY 32.526 million a year ago. Operating loss was CNY 4.936 million compared to CNY 12.570 million a year ago. Net loss was CNY 6.842 million compared to CNY 12.452 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.03 a year ago.
Zhejiang Renzhi Co., Ltd., formerly Sichuan Renzhi Oilfield Technology Services Co., Ltd., is a China-based company principally engaged in the provision of oilfield technical services. The Company mainly provides drilling fluid technical services, including drilling fluid deployment, circulation operation and recycling services; oil and gas field environmental protection technical services, including oil and gas field wastewater treatment, waste mud treatment and drilling sewage treatment technology services; underground operation technical services, including underground technical services, production increasing technical services, downhole tools and well completion technical services. The Company is also engaged in the development, production and sales of oilfield chemicals and functional new materials. The Company mainly operates its businesses in the Mainland of China.
ZHEJIANG RENZHI CO., LTD. 
