Kreido Biofuels, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
September 28, 2021 at 04:44 pm EDT
Share
Kreido Biofuels, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating income was USD 263 compared to operating loss of USD 5,264 a year ago. Net income was USD 263 compared to net loss of USD 5,264 a year ago. For the half year, operating loss was USD 2,037 compared to USD 6,935 a year ago. Net loss was USD 2,037 compared to USD 6,935 a year ago.
Namliong SkyCosmos Inc, formerly Kreido Biofuels, Inc, is a Taiwan-based company mainly engaged in providing renewable energy through its process intensification technology, the spinning-tube-in-tube (STT). The STT chemical process intensification system provides solutions to many of the manufacturing issues related to the production of chemicals. The Company has developed production units to manufacture biodiesel fuel based upon its STT technology. Its offerings include STT 30G biodiesel production unit, which is a complete, pipe-to-pipe biodiesel production system. In addition to its STT 30G, it also offers STT Reactor Systems and related plant engineering services for partnerships.
NAMLIONG SKYCOSMOS, INC. 
