Road Environment Technology.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 19, 2021 at 07:18 am
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Road Environment Technology.,Ltd announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 147.851 million compared to CNY 81.760 million a year ago. Operating income was CNY 31.744 million compared to CNY 10.585 million a year ago. Net income was CNY 30.548 million compared to CNY 2.931 million a year ago. Basic earnings per share from continuing operations was CNY 0.33 compared to CNY 0.04 a year ago.
Road Environment Technology Co Ltd is a China-based company mainly engaged in the research and development and industrial application of food and beverage residues, high-concentration brewing wastewater, sludge and solid waste harmless treatment and resource utilization technology. The Company focuses on the treatment and utilization of high water content waste such as distiller's grains, brewing wastewater, river and lake sludge, and engineering mud. Its main products and services include production and sales of distiller's grain bio-fermentation feed, river and lake sludge, and engineering mud treatment services. The Company primarily operates in the domestic market.