Deep Green Waste & Recycling, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
September 01, 2023 at 04:21 pm
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Deep Green Waste & Recycling, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 0.233347 million compared to USD 0.207874 million a year ago. Revenue was USD 0.233347 million compared to USD 0.207874 million a year ago. Net loss was USD 1.06 million compared to USD 0.673581 million a year ago. Basic loss per share from continuing operations was USD 0.79 compared to USD 2.24 a year ago.
For the six months, sales was USD 0.41211 million compared to USD 0.427615 million a year ago. Revenue was USD 0.41211 million compared to USD 0.427615 million a year ago. Net loss was USD 1.27 million compared to USD 1.17 million a year ago. Basic loss per share from continuing operations was USD 0.98 compared to USD 4.47 a year ago.
Deep Green Waste & Recycling, Inc. is an environmental protection agency (EPA) compliant and state compliant environmental services company. The Company specializes in the meticulous removal of toxic materials, including mold, lead, radon, and asbestos, across both commercial and residential properties. It is also focused on providing waste and recycling services for customers, waste haulers, and recycling centers. The Company is also focused on offering recycling services that reduce the disposal of plastics, electronic wastes, food wastes, and hazardous wastes in the commercial property universe. It is also engaged in designing and managing waste programs for commercial and institutional properties. The Company's wholly owned subsidiaries include DG Treasury, Inc. and Lyell Environmental Services, Inc. (Lyell). Lyell is a commercial environmental and ecological testing services company, which focus on environmental protection and safety.