SafBon Water Service Inc.,Shanghai Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:14 am EDT
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SafBon Water Service (Holding) Inc.,Shanghai reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 49.71 million compared to CNY 105.25 million a year ago. Revenue was CNY 49.71 million compared to CNY 105.25 million a year ago. Net loss was CNY 53.89 million compared to net income of CNY 0.32356 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to basic earnings per share from continuing operations of CNY 0.0005 a year ago. Diluted loss per share from continuing operations was CNY 0.08 compared to diluted earnings per share from continuing operations of CNY 0.0005 a year ago.
Safbon Water Service Holding Inc Shanghai is a China-based company mainly engaged in intelligent, all-round technical solution operation services in the field of environmental protection and energy. The Company's main businesses cover industrial water treatment, municipal water treatment, solid waste treatment, natural gas pressure regulating stations and distributed energy, including product promotion and sales, sludge treatment, recycled water utilization, seawater desalination, desalinated water and zero emission, construction, and others. The Company can provide technology research and development, system design, and system integration in the field of environmental protection and energy, civil construction, equipment installation and commissioning, engineering procurement construction (EPC) turnkey project development, operation, and others. The Company mainly operates its businesses in the domestic market.