Tianyu Eco-Environment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 15, 2021 at 01:54 pm IST
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TianYu Eco-Environment Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 138.529 million compared to CNY 87.523 million a year ago. Operating income was CNY 9.561 million compared to operating loss of CNY 6.413 million a year ago. Net income was CNY 5.206 million compared to net loss of CNY 7.418 million a year ago. Basic earnings per share from continuing operations was CNY 0.0215 compared to basic loss per share from continuing operations of CNY 0.0307 a year ago.
TianYu Eco-Environment Co., Ltd., formerly Tianyu Ecology and Landscape Co., Ltd., is a China-based company principally involved in the design of landscape ecosystem engineering, construction and maintenance, as well as cultivation of nursery stocks. The Company operates through three main segments. The Landscape Ecosystem Engineering segment is mainly involve in the garden greening engineering, restoration of ecological wetlands, municipal garden and road greening, as well as restoration of slopes and curbs. The Landscape Architecture Design segment is primarily involved in the design of ecological garden engineering. The Other Business segment is primarily involved in the operation and management of construction maintenance, as well as cultivation of nursery stocks.