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Shandong Meichen Ecology & Environment Co.,Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 431.45 million compared to CNY 362.23 million a year ago. Revenue was CNY 431.45 million compared to CNY 362.23 million a year ago. Net loss was CNY 92.78 million compared to CNY 115.24 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.08 a year ago. Diluted loss per share from continuing operations was CNY 0.06 compared to CNY 0.08 a year ago.
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Revenue | 431.45 | 527.07 | 405.18 | 389.52 |
Gross Profit | -177.94 | 71.81 | 4.76 | |
Operating Income | -17.61 | -498.99 | -193.18 | -52.45 |
Net Income | -92.78 | -909.66 | -221.28 | -144.59 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Assets | 8338.34 | 9303.27 | 9561.96 | |
Total Liabilities | 7571.08 | 7845.37 | 8681.55 | 8716.49 |
Total Equity | 398.49 | 492.97 | 621.72 | 845.47 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 66.44 | -20.32 | -5.61 | 10.11 |
Cash From Investing Activities | 14.72 | 33.17 | 44.11 | 14.93 |
Cash From Financing Activities | -85.77 | -33 | -43.72 | -49.92 |
Net Change in Cash | -4.51 | -20.66 | -5.16 | -24.7 |
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