Shenzhen WOTE Advanced Materials Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 11:10 am EDT
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Shenzhen WOTE Advanced Materials Co., Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,539.63 million compared to CNY 1,152.82 million a year ago. Revenue was CNY 1,539.63 million compared to CNY 1,152.82 million a year ago. Net income was CNY 63.22 million compared to CNY 64.74 million a year ago. Basic earnings per share from continuing operations was CNY 0.279 compared to CNY 0.311 a year ago. Diluted earnings per share from continuing operations was CNY 0.279 compared to CNY 0.311 a year ago.
Shenzhen WOTE Advanced Materials Co Ltd is a China-based company mainly engaged in the research and development, production and sales of modified engineering plastics, modified general-purpose plastics and polymer materials. The Company also provides related technical consulting services and material solutions. The Company's main products include modified general-purpose plastics, engineering plastics and special engineering plastics. Its products are mainly applied in electronics, home appliances, office equipment, communications, automobile, water treatment, aviation and military industries. The Company mainly distributes its products within domestic market and to overseas markets.