Poten Environment Group Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 29, 2022 at 07:38 pm EDT
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Poten Environment Group Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,143.93 million compared to CNY 1,915.97 million a year ago. Revenue was CNY 1,147.54 million compared to CNY 1,920.47 million a year ago. Net loss was CNY 1,419.63 million compared to CNY 428.27 million a year ago. Basic loss per share from continuing operations was CNY 3.4 compared to CNY 1.03 a year ago. Diluted loss per share from continuing operations was CNY 3.4 compared to CNY 1.03 a year ago.
Poten Environment Group Co Ltd is a company mainly engaged in providing comprehensive services for water ecological environment treatment. The Company's main business includes industrial water system, urban and rural water environment, equipment business and soil remediation business. The industrial water system business provides environmental engineering technical solutions and professional operation management services. The urban and rural water environment business provides customized services for rural ecological scenes and provide overall solutions for urban water quality improvement. The equipment business focuses on the production and research and development (R&D) of membrane materials and membrane components, diversified core water treatment technology and equipment R&D and manufacturing, and engineering service system integration business. The soil remediation business focuses on urban site soil and groundwater environmental remediation projects.