Tianyu Eco-Environment Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 02, 2021 at 08:25 am EDT
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TianYu Eco-Environment Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 582.542 million compared to CNY 837.308 million a year ago. Operating loss was CNY 167.243 million compared to operating Income of CNY 69.224 million a year ago. Net loss was CNY 157.445 million compared to net income of CNY 61.419 million a year ago. Basic loss per share from continuing operations was CNY 0.6511 compared to basic earnings per share from continuing operations of CNY 0.254 a year ago.
TianYu Eco-Environment Co., Ltd., formerly Tianyu Ecology and Landscape Co., Ltd., is a China-based company principally involved in the design of landscape ecosystem engineering, construction and maintenance, as well as cultivation of nursery stocks. The Company operates through three main segments. The Landscape Ecosystem Engineering segment is mainly involve in the garden greening engineering, restoration of ecological wetlands, municipal garden and road greening, as well as restoration of slopes and curbs. The Landscape Architecture Design segment is primarily involved in the design of ecological garden engineering. The Other Business segment is primarily involved in the operation and management of construction maintenance, as well as cultivation of nursery stocks.