Qingdao Daneng Environmental Protection Equipment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 30, 2022 at 04:49 am IST
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Qingdao Daneng Environmental Protection Equipment Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 27.5 million compared to CNY 20.43 million a year ago. Revenue was CNY 27.5 million compared to CNY 20.43 million a year ago. Net loss was CNY 5.85 million compared to CNY 5.42 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.08 a year ago. Diluted loss per share from continuing operations was CNY 0.06 compared to CNY 0.08 a year ago.
Qingdao Daneng Environmental Protection Equipment Co Ltd is a China-based company committed to the design, manufacture and sales of energy-saving and environment-friendly emission-reduction products. The Company's products mainly include slag energy-saving and environmentally friendly treatment systems, flue gas energy-saving and environmentally friendly treatment systems, clean energy absorption system equipment, desulfurization wastewater environmental protection treatment systems and spare parts. Its products cover the prevention and control of pollutants such as slag, dust, flue gas, fine particulate matter, Nitrogen Oxides (NOX), Sulfur Oxides (SOX), desulfurization wastewater, as well as boiler slag and flue gas waste heat recovery. The Company operates its businesses in the domestic market.