Grandblue Environment Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 08:25 am
Share
Grandblue Environment Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 6,160.031 million compared to CNY 4,848.889 million a year ago. Operating income was CNY 1,066.014 million compared to CNY 1,100.936 million a year ago. Net income was CNY 912.604 million compared to CNY 873.405 million a year ago. Basic earnings per share from continuing operations was CNY 1.19 compared to CNY 1.14 a year ago.
Grandblue Environment Co Ltd is a China-based company mainly engaged in solid waste treatment business. The Company is also engaged in energy business, water supply business and drainage business. The solid waste treatment business focuses on the incineration of domestic waste to generate electricity, and the treatment of pollution sources such as food waste, sludge, industrial waste, agricultural waste, medical waste, large garbage, and garden waste. The energy business includes multi-energy supply businesses such as pipeline natural gas, bottled gas, and hydrogen. The water supply business has a full industrial chain of water supply services, including water intake, water production, water delivery to end customer service. The drainage business has a full industrial chain of drainage services including pipeline network maintenance, pump station management, and sewage treatment plant operation management.