Xiamen Zhongchuang Environmental Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 05:26 pm IST
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Xiamen Zhongchuang Environmental Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 735.67 million compared to CNY 1,278.38 million a year ago. Revenue was CNY 735.67 million compared to CNY 1,278.38 million a year ago. Net loss was CNY 38.59 million compared to net income of CNY 20.03 million a year ago. Basic loss per share from continuing operations was CNY 0.1005 compared to basic earnings per share from continuing operations of CNY 0.0526 a year ago. Diluted loss per share from continuing operations was CNY 0.1005 compared to diluted earnings per share from continuing operations of CNY 0.0526 a year ago.
Xiamen Zhongchuang Environmental Technology Co., Ltd, formerly Xiamen Savings Environmental Co., Ltd is a China-based company principally engaged in the research and development, manufacture and sale of high temperature filtration materials used as key parts of bag type dust collectors. The Company is also involved in the manufacture and sale of key components of flue gas denitration, as well as flue gas treatment related build-operate-transfer (BOT) business in environmental protection industry. The Company's business also includes municipal solid waste treatment, hazardous waste treatment, recycling and disposal of waste electrical and electronic products, municipal facility management, water pollution treatment and solid waste treatment, etc. The Companyâs products and services mainly include filtration materials series, environmental protection equipment and environmental engineering. The Company distributes its products in domestic market and to overseas markets.