Liaoning Hongyang Energy Resource Invest Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 04:00 pm IST
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Liaoning Hongyang Energy Resource Invest Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 4,279.63 million compared to CNY 4,293.26 million a year ago. Revenue was CNY 4,279.63 million compared to CNY 4,293.26 million a year ago. Net income was CNY 7.52 million compared to net loss of CNY 429.32 million a year ago. Basic earnings per share from continuing operations was CNY 0.0057 compared to basic loss per share from continuing operations of CNY 0.32 a year ago. Diluted earnings per share from continuing operations was CNY 0.0057 compared to diluted loss per share from continuing operations of CNY 0.32 a year ago.
Liaoning Energy Industry Co Ltd, formerly Liaoning Hongyang Energy Resource Invest Co Ltd, is a China-based company principally involved in the manufacturing and sales of coal and electricity, urban heating and the provision of industrial steam services. Its coal types are mainly metallurgical coal and thermal coal, which are sold to large steel companies and power plants. The company mainly has two cogeneration power plants. The Company principally conducts its businesses in Liaoning and Inner Mongolia Provinces in China.