Deep Green Waste & Recycling, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 22, 2023 at 07:59 pm
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Deep Green Waste & Recycling, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.902987 million compared to USD 0.368512 million a year ago. Revenue was USD 0.902987 million compared to USD 0.368512 million a year ago. Net loss was USD 0.22609 million compared to net income of USD 0.130947 million a year ago. Basic loss per share from continuing operations was USD 0.026 compared to basic earnings per share from continuing operations of USD 0.392 a year ago.
For the nine months, sales was USD 1.32 million compared to USD 0.796127 million a year ago. Revenue was USD 1.32 million compared to USD 0.796127 million a year ago. Net loss was USD 1.5 million compared to USD 1.04 million a year ago. Basic loss per share from continuing operations was USD 0.394 compared to USD 3.634 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.