Xiongan Kerong Environment Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 06:58 am EDT
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Xiongan Kerong Environment Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 117.6 million compared to CNY 272.59 million a year ago. Revenue was CNY 117.6 million compared to CNY 272.59 million a year ago. Net loss was CNY 45.94 million compared to CNY 34.23 million a year ago. Basic loss per share from continuing operations was CNY 0.0645 compared to CNY 0.048 a year ago. Diluted loss per share from continuing operations was CNY 0.0645 compared to CNY 0.048 a year ago.
Xiong an New Power Technology Co Ltd, formerly Xiongan Kerong Environment Technology Co Ltd, is a China-based company mainly engaged in energy-saving combustion related businesses. The Company is mainly engaged in technology research and development, engineering design, product manufacturing, equipment set, engineering management, technical services and combustion experiments in the field of energy-saving combustion. The Company's main products are energy-saving combustion ignition equipment and combustion control system applications, including ignition oil gun devices, double-strength micro-oil ignition systems, plasma oil-free ignition systems, flue burners, pulverized coal boiler low-nitrogen burners, oil and gas boiler low-nitrogen burners, heating furnace ultra-low nitrogen burners, industrial boiler ultra-low nitrogen burners, combustion control systems, oxygen-enriched burners, and others.