On January 25, Wangneng Environment Co.Ltd(002034) announced that according to the preliminary accounting, the company expects to achieve a total operating revenue of 3.28 billion yuan in 2021, a year-on-year increase of 93.11%; The net profit attributable to the shareholders of the listed company was 645 million yuan, a year-on-year increase of 23.53%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 634 million yuan, a year-on-year increase of 25.27%.
It is reported that Wangneng Environment Co.Ltd(002034) is a listed company engaged in waste incineration power generation business. It mainly adopts BOT, boo and other investment and operation modes to undertake environmental protection projects such as domestic waste incineration power generation, kitchen waste treatment, sludge treatment and disposal and comprehensive utilization of other solid waste resources all over the country.
According to the announcement, one of the main reasons for the year-on-year growth of the company’s total operating revenue is that new projects are put into operation. According to Wangneng Environment Co.Ltd(002034) , in 2021, five domestic waste incineration power generation projects with a total of 3200 tons were completed and put into formal operation, seven kitchen waste disposal projects with a total of 890 tons were completed and put into formal operation, and the Bengbu sludge 428 tons project was put into operation.
According to the announcement, as of the end of the reporting period, 22 waste incineration power generation projects and 2 kitchen projects of the company have been included in the list of renewable energy subsidies, including 12 projects included in the list of renewable energy subsidies in 2021, and three new projects including Panzhihua wangneng, Huaibei wangneng and Huzhou ecology were added in the fourth quarter.
