EIT Environmental Development Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 10:08 am
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EIT Environmental Development Group Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,274.59 million compared to CNY 1,183.02 million a year ago. Revenue was CNY 1,274.59 million compared to CNY 1,183.02 million a year ago. Net income was CNY 128.86 million compared to CNY 150.41 million a year ago. Basic earnings per share from continuing operations was CNY 0.3879 compared to CNY 0.4542 a year ago. Diluted earnings per share from continuing operations was CNY 0.3879 compared to CNY 0.4542 a year ago.
EIT Environmental Development Group Co., Ltd is a China-based company mainly involved in the provision of integrated environmental sanitation management services such as property cleaning and municipal sanitation. The property cleaning services include cleaning services, external wall cleaning services, pest control and other integrated environmental sanitation management services for public areas of buildings such as office buildings, residential quarters, commercial complexes and public transportation hubs. The municipal sanitation services include sanitation facilities operation management services, such as garbage cleaning, collection, garbage removal and transportation, green belt maintenance, public toilets and garbage transfer stations, city appearance management, garbage classification and environmental protection services for major events. The Company conducts its businesses in Mainland China.