Xiongan Kerong Environment Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 23, 2020 at 11:52 am
Share
Xiongan Kerong Environment Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 45.202 million compared to CNY 77.447 million a year ago. Operating loss was CNY 22.804 million compared to operating Income of CNY 85.274 million a year ago. Net loss was CNY 22.895 million compared to net income of CNY 87.813 million a year ago. Basic loss per share from continuing operations was CNY 0.0321 compared to basic earnings per share from continuing operations of CNY 0.1232 a year ago.
Xiong an New Power Technology Co Ltd,formerly Xiongan Kerong Environment Technology Co.,Ltd., is a China-based company that mainly provides comprehensive environmental management services. The Company operates primarily through four segments. The Clean Combustion and Boiler Energy Saving and Efficiency Improvement Business segment is mainly engaged in the manufacture of energy-saving combustion ignition equipment and combustion control systems. The Waste-to-energy Business segment is mainly engaged in the investment, construction and operation of domestic waste incineration power plants. The Ecological Energy Business segment is mainly engaged in the research and development and manufacturing of sewage treatment products and systems, and the construction of hazardous waste industries. The Equity Investment segment is mainly engaged in equity investment business.
XIONG'AN NEW POWER TECHNOLOGY CO.,LTD. 
