China Western Power Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 07:05 pm IST
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China Western Power Industrial Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 235.53 million compared to CNY 436 million a year ago. Revenue was CNY 235.53 million compared to CNY 436 million a year ago. Net loss was CNY 154.7 million compared to CNY 54.05 million a year ago. Basic loss per share from continuing operations was CNY 0.131 compared to CNY 0.0458 a year ago. Diluted loss per share from continuing operations was CNY 0.131 compared to CNY 0.0458 a year ago.
China Western Power Industrial Co., Ltd. is a China-based company, principally engaged in the manufacture and distribution of boilers and related products. The Company operates its businesses through three segments. The Equipment Manufacturing segment is engaged in the design, manufacture and distribution of power station boilers, alkali recovery boilers, waste incineration power boilers, as well as other industrial boilers, special boilers and others. The Engineering General Contracting segment is engaged in the general contracting of electric power engineering construction projects and municipal public engineering construction projects. The Investment and Operation segment is engaged in the long-term equity investment, as well as the investment and operation of power plants. The Company is also engaged in the provision of boiler ancillary products and others. The Company distributes its products within domestic market and to overseas markets.
CHINA WESTERN POWER INDUSTRIAL CO., LTD. 
