Luenmei Quantum Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 02:47 pm
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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.
Luen Mei Quantum Co Ltd is a China-based company mainly engaged in heat and steam supply business. The Company's main businesses include heat supply, steam supply, power generation, grid connection services and engineering business, advertising publishing business and other businesses. The power generation business includes coal-fired power generation and biomass power generation business. The engineering business includes professional engineering business related to heating customers and heating business. Its other businesses mainly include factoring financing services, property management and leasing business. The Company mainly conducts its business within domestic market.