Swancor Advanced Materials Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 05, 2021 at 03:29 pm IST
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Swancor Advanced Materials Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was CNY 1,007.980 million compared to CNY 713.436 million a year ago. Operating loss was CNY 3.231 million compared to operating Income of CNY 65.312 million a year ago. Net loss was CNY 2.620 million compared to net income of CNY 46.039 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.13 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.
SWANCOR ADVANCED MATERIALS CO., LTD. 
