Beijing Jingneng Power Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 02:10 pm
Share
Beijing Jingneng Power Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 7,833.54 million compared to CNY 5,603.6 million a year ago. Revenue was CNY 7,833.54 million compared to CNY 5,603.6 million a year ago. Net income was CNY 293.17 million compared to CNY 66.55 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.01 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.01 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.