SafBon Water Service Inc.,Shanghai Reports Earnings Results for the First quarter Ended March 31, 2021
April 28, 2021 at 09:03 am EDT
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SafBon Water Service (Holding) Inc.,Shanghai announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 105.252 million compared to CNY 224.932 million a year ago. Operating loss was CNY 1.774 million compared to operating Income of CNY 21.830 million a year ago. Net income was CNY 323,560.12 compared to CNY 18.910 million a year ago. Basic earnings per share from continuing operations was CNY 0.0005 compared to CNY 0.0282 a year ago.
Safbon Water Service (Holding) Inc.,Shanghai is principally engaged in industrial water treatment, municipal water treatment, as well as solid waste treatment, among others. The Company uses its self-developed condensate polishing, microfiltration deposition, sludge drying, natural gas regulator station systems and other technologies to provide customers with one-stop solution services. Its services include technical design, engineering design, technical implementation, system integration, system installation, commissioning, as well as operation service hosting, among others.