SafBon Water Service Inc.,Shanghai Reports Earnings Results for the First quarter Ended March 31, 2021
April 28, 2021 at 09:03 am EDT
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SafBon Water Service (Holding) Inc.,Shanghai announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 105.252 million compared to CNY 224.932 million a year ago. Operating loss was CNY 1.774 million compared to operating Income of CNY 21.830 million a year ago. Net income was CNY 323,560.12 compared to CNY 18.910 million a year ago. Basic earnings per share from continuing operations was CNY 0.0005 compared to CNY 0.0282 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.