Zhitong Financial APP News, Fanya Environmental Protection (00556) released its results for the six months ended June 30, 2021, with revenue of 19.857 million yuan (RMB, the same below), down 16% from the same period last year. The profit attributable to the owners of the company was 15.55 million yuan, compared with a loss of 12.237 million yuan in the same period last year.
During the period, the Group turned a loss to profit, which was mainly due to the allocation in response to the net impairment loss on trade receipts and contract assets. During the period, the business of selling environmental protection products and equipment remained the main source of income for the group. One of the water treatment products and equipment projects was completed, resulting in a recognized income of about 19.3 million yuan, accounting for about 97.0% of the group's total revenue. The revenue of environmental protection construction engineering design services is about 600000 yuan, accounting for about 3.0% of the group's total revenue.