Ningbo Energy Group Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 23, 2021 at 04:25 pm IST
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Ningbo Energy Group Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,111.051 million compared to CNY 1,237.951 million a year ago. Operating income was CNY 129.486 million compared to CNY 103.254 million a year ago. Net income was CNY 93.009 million compared to CNY 83.972 million a year ago. Basic earnings per share from continuing operations was CNY 0.0856 compared to CNY 0.0762 a year ago. Diluted earnings per share from continuing operations was CNY 0.0845.
Ningbo Energy Group Co Ltd is a China-based company mainly engaged in the production and supply of steam and electricity. The Company's business includes cogeneration, biomass power generation and heating, pumped storage, integrated energy services, and investment businesses related to the energy and environmental protection industries. The Company's enterprises engaged in cogeneration and biomass power generation are distributed in many national and provincial economic development zones in China, mainly using coal, natural gas and biomass as raw materials, and the main products are electricity and steam; The Company's enterprises engaged in pumped storage, energy storage, and integrated energy services mainly operate in project development, construction, operation, and providing customers with integrated energy services.
NINGBO ENERGY GROUP CO.,LTD. 
