Sino Geophysical Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 22, 2022 at 08:23 am EDT
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Sino Geophysical Co., Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 390.88 million compared to CNY 404 million a year ago. Revenue was CNY 406.39 million compared to CNY 425.17 million a year ago. Net income was CNY 34.28 million compared to CNY 10.48 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.11 compared to CNY 0.03 a year ago.
Sino Geophysical Co., Ltd. is a China-based company principally engaged in the provision of integration technical services of processing and explanation of geological data for oil and gas exploration. The Company is primarily involved in geological data processing business, geological data explanation business, geological data analysis business, well position arrangement business, oil field region assessment business, drilling and completion services, as well as provision of technological services, including intelligent management of oil fields and development of software, among others. The Company operates its geological data processing explanation and research for large petroleum exploration projects located in Daqing, Shengli, Liaohe, Tarim, Dagang, among others.
SINO GEOPHYSICAL CO., LTD 
