TianYu Eco-Environment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 06:32 pm EDT
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TianYu Eco-Environment Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 123.5 million compared to CNY 138.53 million a year ago. Revenue was CNY 123.5 million compared to CNY 138.53 million a year ago. Net income was CNY 22.88 million compared to CNY 5.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.0788 compared to CNY 0.0215 a year ago. Diluted earnings per share from continuing operations was CNY 0.0788 compared to CNY 0.0215 a year ago.
TianYu Eco-Environment Co., Ltd., formerly Tianyu Ecology and Landscape Co., Ltd., is a China-based company principally involved in the design of landscape ecosystem engineering, construction and maintenance, as well as cultivation of nursery stocks. The Company operates through three main segments. The Landscape Ecosystem Engineering segment is mainly involve in the garden greening engineering, restoration of ecological wetlands, municipal garden and road greening, as well as restoration of slopes and curbs. The Landscape Architecture Design segment is primarily involved in the design of ecological garden engineering. The Other Business segment is primarily involved in the operation and management of construction maintenance, as well as cultivation of nursery stocks.