Namliong SkyCosmos, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 09:41 am EST
Share
Namliong SkyCosmos, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 0.188133 million compared to USD 0.008587 million a year ago.
For the nine months, net loss was USD 0.383304 million compared to USD 0.060511 million 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.