Sinoseal Holding Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 08:26 pm IST
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Sinoseal Holding Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 264.88 million compared to CNY 230.37 million a year ago. Revenue was CNY 264.88 million compared to CNY 230.37 million a year ago. Net income was CNY 61.72 million compared to CNY 51.9 million a year ago. Basic earnings per share from continuing operations was CNY 0.301 compared to CNY 0.2599 a year ago. Diluted earnings per share from continuing operations was CNY 0.2974 compared to CNY 0.2574 a year ago.
Sinoseal Holding Co., Ltd., formerly Sichuan Sunny Seal Co., LTD. is a China-based company engaged in the design, research and development, manufacture and distribution of mechanical seals. The Company's products are divided into dry gas seals and mechanical seals. Mechanical seals include high pressure mechanical seals, mechanical seals for granular medium and high speed mechanical seals, among others. The products are mainly installed in compressors, pumps, reactors and other hosts, which are widely used in petrochemical, coal chemical and other industries. The Company also provides technology consultation, technical training, field installation, maintenance and other services.
SINOSEAL HOLDING CO., LTD. 
