Xiongan Kerong Environment Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 10:24 am EDT
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Xiongan Kerong Environment Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 56.83 million compared to CNY 25.25 million a year ago. Revenue was CNY 56.83 million compared to CNY 25.25 million a year ago. Net income was CNY 1.95 million compared to net loss of CNY 9.45 million a year ago. Basic earnings per share from continuing operations was CNY 0.0027 compared to basic loss per share from continuing operations of CNY 0.0133 a year ago. Diluted earnings per share from continuing operations was CNY 0.0027 compared to diluted loss per share from continuing operations of CNY 0.0133 a year ago.
Xiong an New Power Technology Co Ltd,formerly Xiongan Kerong Environment Technology Co.,Ltd., is a China-based company that mainly provides comprehensive environmental management services. The Company operates primarily through four segments. The Clean Combustion and Boiler Energy Saving and Efficiency Improvement Business segment is mainly engaged in the manufacture of energy-saving combustion ignition equipment and combustion control systems. The Waste-to-energy Business segment is mainly engaged in the investment, construction and operation of domestic waste incineration power plants. The Ecological Energy Business segment is mainly engaged in the research and development and manufacturing of sewage treatment products and systems, and the construction of hazardous waste industries. The Equity Investment segment is mainly engaged in equity investment business.