Beijing Jingneng Power Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 04:12 am
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Beijing Jingneng Power Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 5,603.604 million compared to CNY 5,014.028 million a year ago. Operating income was CNY 98.355 million compared to CNY 631.742 million a year ago. Net income was CNY 66.549 million compared to CNY 473.634 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.07 a year ago.
Beijing Jingneng Power Co Ltd is a China-based company mainly engaged in the production and sales of electric and thermal products, operation of electric power equipment, testing and repair of power generation equipment, and sales of desulfurization gypsum. The power business is mainly engaged in coal-fired power generation and heat supply, with new energy power generation businesses such as wind power and photovoltaic being added, and it also involves investment in comprehensive energy services, coal mines and other projects. The electricity sales business is mainly engaged in power supply in Inner Mongolia, Shanxi, Ningxia, Hebei, Henan, Hubei and other regions. The Company mainly operates its businesses in the domestic market.