Deep Green Waste & Recycling, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 11:08 pm IST
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Deep Green Waste & Recycling, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 51,428. Operating loss was USD 175,538 compared to USD 30,540 a year ago. Net loss was USD 675,344 compared to USD 123,776 a year ago. For the half year, total revenue was USD 76,265. Operating loss was USD 307,247 compared to USD 124,591 a year ago. Net loss was USD 1.003 million compared to USD 255,332 a year ago. Basic loss per share from continuing operations was USD 0.01.
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.