Hynar Water Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 11:18 am EDT
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Hynar Water Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 105.77 million compared to CNY 70.89 million a year ago. Revenue was CNY 105.77 million compared to CNY 70.89 million a year ago. Net income was CNY 6.16 million compared to CNY 4.03 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.03 a year ago.
Hynar Water Group Co Ltd is a China-based company mainly engaged in environmental protection water business. The Company operates through two segments. The Industrial Sewage Treatment Service segment mainly provides part or all of the services in the investment, design, construction and operation of sewage treatment plants and their supporting pipeline networks in industrial parks or industrial clusters. The Water Supply Service segment includes some or all of the services in the investment, design, construction and operation of water supply facilities that provide drinking water and pipeline direct drinking water and supporting pipeline networks. The Company mainly provides high-concentration, refractory industrial sewage treatment services for the pharmaceutical, printing and dyeing, chemical and other industries, and provides water supply services for municipal users and characteristic towns. The Company mainly conducts business within the domestic market.