Guangxi Nanning Waterworks Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 01:40 pm IST
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Guangxi Nanning Waterworks Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,111.558 million compared to CNY 1,109.795 million a year ago. Operating income was CNY 265.232 million compared to CNY 241.241 million a year ago. Net income was CNY 223.811 million compared to CNY 202.980 million a year ago. Basic earnings per share from continuing operations was CNY 0.2535 compared to CNY 0.2641 a year ago.
Guangxi Nanning Waterworks Co.,Ltd. is principally engaged in three business segments: water supply, waste water treatment and engineering construction. Water Supply segment is engaged in the production and distribution of tap water. Waste Water Treatment segment is engaged in the treatment of life waste water. Engineering Construction segment involves in the investment, construction, operation and maintenance of water supply and waste water treatment facilities. The Company operates its businesses primarily in Nanning, Guangxi autonomous region, China.