Deep Green Waste & Recycling, Inc. Announces Financial Results for the First Quarter Ended March 31, 2021
May 25, 2021 at 12:11 am IST
Share
Deep Green Waste & Recycling, Inc. announced financial results for the first quarter ended March 31, 2021. The company reported revenues of $24,837 for the three-month period ended March 31, 2021 compared to $0 for the same period a year ago. Loss from Operations increased 40.0% to $131,709 for the three month period ended March 31, 2021, compared to $94,051 for the same period last year. Net loss for the three-month period ended March 31, 2021, was $328,138 compared to a net loss of $131,556 for the same period a year ago, an increase of 149.4%.
Deep Green Waste & Recycling, Inc. is an environmental protection agency (EPA) compliant and state compliant environmental services company. The Company specializes in the meticulous removal of toxic materials, including mold, lead, radon, and asbestos, across both commercial and residential properties. It is also focused on providing waste and recycling services for customers, waste haulers, and recycling centers. The Company is also focused on offering recycling services that reduce the disposal of plastics, electronic wastes, food wastes, and hazardous wastes in the commercial property universe. It is also engaged in designing and managing waste programs for commercial and institutional properties. The Company's wholly owned subsidiaries include DG Treasury, Inc. and Lyell Environmental Services, Inc. (Lyell). Lyell is a commercial environmental and ecological testing services company, which focus on environmental protection and safety.