China Singyes New Materials Holdings Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CNY 24.97 million compared to CNY 11.55 million a year ago. Net income was CNY 3.94 million compared to net loss of CNY 2.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.008 compared to basic loss per share from continuing operations of CNY 0.004 a year ago.
For the nine months, sales was CNY 58.54 million compared to CNY 56.33 million a year ago. Net income was CNY 0.914 million compared to net loss of CNY 4.86 million a year ago. Basic earnings per share from continuing operations was CNY 0.002 compared to basic loss per share from continuing operations of CNY 0.009 a year ago.