Sinoma Science & Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 05:25 am EDT
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Sinoma Science & Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 4,661.75 million compared to CNY 4,022.7 million a year ago. Revenue was CNY 4,661.75 million compared to CNY 4,022.7 million a year ago. Net income was CNY 734.36 million compared to CNY 589.82 million a year ago. Basic earnings per share from continuing operations was CNY 0.4376 compared to CNY 0.3515 a year ago. Diluted earnings per share from continuing operations was CNY 0.4376 compared to CNY 0.3515 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. 
