Luenmei Quantum Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 02:47 pm EDT
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Luenmei Quantum Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,697.068 million compared to CNY 1,759.618 million a year ago. Operating income was CNY 936.673 million compared to CNY 1,196.962 million a year ago. Net income was CNY 701.373 million compared to CNY 897.548 million a year ago. Basic earnings per share from continuing operations was CNY 0.3079 compared to CNY 0.3923 a year ago.
Lianmei Quantum Holdings Co., Ltd., formerly Luenmei Holding Co.,Ltd, is a China-based company principally engaged in the heating supply and steam supply business. The Companyâs main businesses include heating supply service business, steam supply business, power generation, power grid installation service business, engineering service business, advertising service business and other businesses. Other businesses mainly include Capital management, financial services, property management and housing rental. The Company mainly conducts its businesses in domestic market.