Shandong Meichen Ecology & Environment Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 05:22 am EDT
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Shandong Meichen Ecology & Environment Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,544.02 million compared to CNY 2,070.45 million a year ago. Revenue was CNY 1,544.02 million compared to CNY 2,070.45 million a year ago. Net loss was CNY 160.48 million compared to net income of CNY 4.34 million a year ago. Basic loss per share from continuing operations was CNY 0.1104 compared to basic earnings per share from continuing operations of CNY 0.003 a year ago. Diluted loss per share from continuing operations was CNY 0.1104 compared to diluted earnings per share from continuing operations of CNY 0.003 a year ago.
Shandong Meichen Ecology & Environment Co., Ltd., formerly Shandong Meichen Science & Technology Co., Ltd., is principally engaged in the research, development, production and sale of rubber products applied as automobile components. The Companyâs products consist of rubber distance rods, air springs, chair air springs, chassis air springs, power assembly suspensions, radiator and exhaust pipe suspensions, rubber supports, beams, fender supports, cab supports, air suspensions, rubber suspensions, turbo charger air pipes, intercooler in and out pipes, filter air pipes, engine cooling water pipes, braking soft tubes, engineering machinery tubes, as well as engineering plastic products, among others. The Company distributes its product within domestic market and to overseas markets.
SHANDONG MEICHEN ECOLOGY & ENVIRONMENT CO.,LTD. 
