On May 8, tianyuyuan (839201) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 147072749.33 yuan, a year-on-year decrease of 34.79%; The net profit attributable to the shareholders of the listed company was -7918190.10 yuan, which turned from profit to loss over the same period of last year.
During the reporting period, the net cash flow from operating activities was -1036941.70 yuan, and the net assets belonging to shareholders of listed companies were 109635400.96 yuan by the end of 2020.
In 2020, the company’s operating revenue was 147072749.33 yuan, a decrease of 34.79% over the same period of last year, and the company’s net profit was -7918190.10 yuan, a decrease of 146.07% over the same period of last year. This was mainly due to the insufficient construction of downstream industries affected by the epidemic situation in this reporting period, and the impact of market fluctuations on the energy industry, the sales volume and price of main products of liquefied natural gas decreased significantly over the same period of last year.
As a clean energy service provider, tianyuyuan’s main business is the production and sales of liquefied natural gas (LNG) and the production and sales of compressed natural gas (CNG) mother station.