Xinlun New Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 22, 2021 at 04:21 am EDT
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Xinlun New Materials Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,115.93 million compared to CNY 1,640.28 million a year ago. Revenue was CNY 1,115.93 million compared to CNY 1,640.28 million a year ago. Net loss was CNY 189.71 million compared to CNY 48.14 million a year ago. Basic loss per share from continuing operations was CNY 0.1647 compared to CNY 0.0418 a year ago. Diluted loss per share from continuing operations was CNY 0.1647 compared to CNY 0.0418 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.