Shenzhen Selen Science & Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 23, 2020 at 08:36 am EDT
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Shenzhen Selen 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 1,640.279 million compared to CNY 2,441.690 million a year ago. Operating loss was CNY 51.966 million compared to operating Income of CNY 43.081 million a year ago. Net loss was CNY 48.140 million compared to net income of CNY 40.432 million a year ago. Basic loss per share from continuing operations was CNY 0.0418 compared to basic earnings per share from continuing operations of CNY 0.0351 a year ago.
Xinlun New Materials Co Ltd, formerly Shenzhen Selen Science & Technology Co Ltd is a company mainly engaged in the research and development, production and sales of functional materials. The Company operates four segments. Functional Materials segment is engaged in the production of new materials, including electronic functional materials business, photoelectric display materials business, new energy materials business and precision manufacturing business. Super Clean segment is engaged in the design, construction and maintenance of anti-static and clean room purification projects. Personal Protection segment is engaged in the production of various medical surgical masks, disposable medical protective masks and other protective articles. Precision Mold segment is engaged in the design, processing, production and sales of precision molds, which are used in food, daily chemical and medical industries.
XINLUN NEW MATERIALS CO., LTD. 
