South Huiton Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 23, 2021 at 07:33 am EDT
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South Huiton Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 315.224 million compared to CNY 152.881 million a year ago. Operating income was CNY 13.904 million compared to operating loss of CNY 1.503 million a year ago. Net income was CNY 10.108 million compared to net loss of CNY 2.518 million a year ago. Basic earnings per share from continuing operations was CNY 0.024 compared to basic loss per share from continuing operations of CNY 0.006 a year ago.
Vontron Technology Co Ltd, formerly South Huiton Co Ltd, is a China-based company mainly engaged in chemical business. The Company operates four segments: Membrane Products segment, Plant Fiber Products segment, Membrane Separation segment and Reclaimed Water Reuse segment. The Membrane Products segment is mainly engaged in the research and development (R&D), manufacturing and service of composite reverse osmosis membrane, nanofiltration membrane and ultrafiltration membrane products. The products are divided into household membrane and industrial membrane. The Plant Fiber Products segment is mainly engaged in the R&D, manufacturing and sales of plant fiber elastic materials and products and palm comprehensive development products. The Membrane Separation segment provides overall solutions for membrane separation, including technical scheme design, engineering design, etc.