Swancor Advanced Materials Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 04, 2022 at 02:46 pm IST
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Swancor Advanced Materials Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 983.58 million compared to CNY 1,007.32 million a year ago. Revenue was CNY 984.08 million compared to CNY 1,007.98 million a year ago. Net income was CNY 36.51 million compared to net loss of CNY 2.62 million a year ago. Basic earnings per share from continuing operations was CNY 0.09. Diluted earnings per share from continuing operations was CNY 0.09.
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. 