Swancor Advanced Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:10 am EDT
Share
Swancor Advanced Materials Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,495.81 million compared to CNY 1,311.48 million a year ago. Revenue was CNY 1,495.81 million compared to CNY 1,311.48 million a year ago. Net loss was CNY 6.16 million compared to net income of CNY 99.86 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.27 a year ago. Diluted loss per share from continuing operations was CNY 0.02 compared to diluted earnings per share from continuing operations of CNY 0.27 a year ago.
Swancor Advanced Materials Co Ltd is a China-based company mainly engaged in the research and development, production and sales of environmentally friendly high-performance corrosion-resistant materials, wind turbine blade materials and new composite materials. The Company's main products include vinyl ester resins, special unsaturated polyester resins, infusion resins for wind power blades, hand lay-up resins, adhesives, prepreg resins for wind power blade beams, pultrusion resins for wind power blade beams, and environmentally friendly resin, safety materials for rail transit, etc. Its products are used in rail transit safety materials and electric power, petrochemical, electronic and electrical, metallurgy, semiconductor, construction engineering, wind power blade materials and automotive lightweight materials. The Company conducts its businesses within the China market and to overseas markets.