Luenmei Quantum Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:20 pm IST
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Luenmei Quantum Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,741.83 million compared to CNY 1,697.07 million a year ago. Revenue was CNY 1,741.83 million compared to CNY 1,697.07 million a year ago. Net income was CNY 670.51 million compared to CNY 701.37 million a year ago. Basic earnings per share from continuing operations was CNY 0.293 compared to CNY 0.3079 a year ago. Diluted earnings per share from continuing operations was CNY 0.293 compared to CNY 0.3079 a year ago.
Luen Mei Quantum Co Ltd is a China-based company mainly engaged in heat and steam supply business. The Company's main businesses include heat supply, steam supply, power generation, grid connection services and engineering business, advertising publishing business and other businesses. The power generation business includes coal-fired power generation and biomass power generation business. The engineering business includes professional engineering business related to heating customers and heating business. Its other businesses mainly include factoring financing services, property management and leasing business. The Company mainly conducts its business within domestic market.