Saimo Technology Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 15, 2022 at 08:09 am EDT
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Saimo Technology Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 584.18 million compared to CNY 542.36 million a year ago. Revenue was CNY 587.42 million compared to CNY 545.05 million a year ago. Net loss was CNY 9.52 million compared to net income of CNY 18.94 million a year ago. Basic loss per share from continuing operations was CNY 0.0178 compared to basic earnings per share from continuing operations of CNY 0.0352 a year ago. Diluted loss per share from continuing operations was CNY 0.0178 compared to diluted earnings per share from continuing operations of CNY 0.0352 a year ago.
Saimo Technology Co Ltd, formerly Saimo Electric Co Ltd, is principally engaged in the research and development, manufacturing and sales of measurement and inspection equipment for coal and other mineral materials. Its major measurement equipment is belt weigher, including electronic belt weighers, weighing type coal feeders and weighing feeders. The inspection equipment mainly comprises of mechanical automated inspection device. The Company's products are used in electricity, steel, chemicals, cement materials, ports and other industries.
SAIMO TECHNOLOGY CO.,LTD. 
