China Singyes New Materials Holdings Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CNY 11.55 million compared to CNY 29.3 million a year ago. Net loss was CNY 2.31 million compared to net income of CNY 0.852 million a year ago. Basic loss per share from continuing operations was CNY 0.004 compared to basic earnings per share from continuing operations of CNY 0.001 a year ago.
For the nine months, sales was CNY 56.33 million compared to CNY 81.48 million a year ago. Net loss was CNY 4.86 million compared to net income of CNY 1.27 million a year ago. Basic loss per share from continuing operations was CNY 0.009.