Sinoma Science & Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 21, 2020 at 05:01 am EDT
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Sinoma Science & Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 12,919.623 million compared to CNY 9,537.365 million a year ago. Operating income was CNY 1,841.072 million compared to CNY 1,220.823 million a year ago. Net income was CNY 1,547.896 million compared to CNY 1,018.617 million a year ago. Basic earnings per share from continuing operations was CNY 0.9224 compared to CNY 0.607 a year ago.
Sinoma Science & Technology Co., Ltd. is a China-based company, principally engaged in the research, development, manufacture and distribution of special fiber composite materials. The Company is also engaged in the provision of special fiber composite materials related technical support and equipment, as well as the trading business. The Company's products include wind turbine blades, non-alkali fiberglass and products, high pressure cylinders, glass fiber paper, high temperature filter materials, advanced composite materials and lithium battery diaphragms. The Company distributes its products within domestic market and to overseas markets.
SINOMA SCIENCE & TECHNOLOGY CO.,LTD. 
