Zhejiang Renzhi Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 24, 2021 at 04:02 am EDT
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Zhejiang Renzhi Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 92.57 million compared to CNY 51.96 million a year ago. Revenue was CNY 92.57 million compared to CNY 51.96 million a year ago. Net loss was CNY 8.25 million compared to CNY 22.65 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.02 compared to CNY 0.05 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. 
