M-Grass Ecology And Environment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 02:15 pm IST
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M-Grass Ecology And Environment (Group) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 304.54 million compared to CNY 245.09 million a year ago. Revenue was CNY 304.54 million compared to CNY 245.09 million a year ago. Net income was CNY 31.35 million compared to CNY 10.54 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.01 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.01 a year ago.
M-Grass Ecology and Environment Group Co Ltd, formerly Inner Mongolia M-Grass Ecology And Environment Group Co Ltd, is a China-based company principally engaged in ecological restoration and seed technology development. The Company's main businesses include construction and operation of natural ecological environment, sales of grass seeds and native plants, photovoltaic power generation and construction of big data platforms. The Company's services can be used in various ecological environments such as mines, grasslands, urban green spaces, and deserts.