Tianyu Eco-Environment Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 15, 2020 at 01:33 pm IST
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TianYu Eco-Environment Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 441.247 million compared to CNY 615.116 million a year ago. Operating loss was CNY 22.858 million compared to operating Income of CNY 48.062 million a year ago. Net loss was CNY 16.436 million compared to net income of CNY 40.044 million a year ago. Basic loss per share from continuing operations was CNY 0.068 compared to basic earnings per share from continuing operations of CNY 0.1656 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.