Xiongan Kerong Environment Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 04:28 pm IST
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Xiongan Kerong Environment Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 117.6 million compared to CNY 272.59 million a year ago. Revenue was CNY 117.6 million compared to CNY 272.59 million a year ago. Net loss was CNY 45.94 million compared to CNY 34.23 million a year ago. Basic loss per share from continuing operations was CNY 0.0645 compared to CNY 0.048 a year ago. Diluted loss per share from continuing operations was CNY 0.0645 compared to CNY 0.048 a year ago.
Xiong an New Power Technology Co Ltd,formerly Xiongan Kerong Environment Technology Co.,Ltd., is a China-based company that mainly provides comprehensive environmental management services. The Company operates primarily through four segments. The Clean Combustion and Boiler Energy Saving and Efficiency Improvement Business segment is mainly engaged in the manufacture of energy-saving combustion ignition equipment and combustion control systems. The Waste-to-energy Business segment is mainly engaged in the investment, construction and operation of domestic waste incineration power plants. The Ecological Energy Business segment is mainly engaged in the research and development and manufacturing of sewage treatment products and systems, and the construction of hazardous waste industries. The Equity Investment segment is mainly engaged in equity investment business.