Cscec Scimee Sci.&Tech. Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 24, 2022 at 04:52 am EDT
Share
Cscec Scimee Sci.&Tech. Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 280.4 million compared to CNY 184.2 million a year ago. Revenue was CNY 280.4 million compared to CNY 184.2 million a year ago. Net income was CNY 24.39 million compared to CNY 29.33 million a year ago. Basic earnings per share from continuing operations was CNY 0.0361 compared to CNY 0.0434 a year ago. Diluted earnings per share from continuing operations was CNY 0.0361 compared to CNY 0.0434 a year ago.
Cscec Scimee Sci.&Tech. Co.,Ltd, formerly Scimee Sci.&Tech. Co., Ltd, is a China-based company that mainly provides sewage treatment products, operation services, engineering contracting services and overall solutions. The Company operates through three business segments. The Water Treatment Business segment is principally engaged in the sales of water treatment equipment and the provision of operational services. The Centrifuge Business segment is mainly engaged in the development, manufacturing and sales of centrifuges. The Municipal Sewage Business segment is mainly engaged in the investment operations of municipal sewage treatment and general contracting services for sewage treatment project. The Company's main products are super-magnetic separation water treatment sets, centrifuges and accessories. The products are applied to industrial and municipal areas such as metallurgy, coal, landscape, and river.