Xiongan Kerong Environment Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 06:44 am EDT
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Xiongan Kerong Environment Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 272.587 million compared to CNY 334.129 million a year ago. Operating loss was CNY 28.534 million compared to operating Income of CNY 93.237 million a year ago. Net loss was CNY 34.230 million compared to net income of CNY 92.194 million a year ago. Basic loss per share from continuing operations was CNY 0.048 compared to basic earnings per share from continuing operations of CNY 0.129 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.
XIONG'AN NEW POWER TECHNOLOGY CO.,LTD. 
