Yongyue Science&Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2022
October 27, 2022 at 02:03 pm IST
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Yongyue Science&Technology Co.,Ltd reported earnings results for the nine months ended September 30, 2022. For the nine months, the company reported sales was CNY 217.05 million compared to CNY 312.46 million a year ago. Revenue was CNY 217.05 million compared to CNY 312.46 million a year ago.
Net loss was CNY 16.55 million compared to net income of CNY 7.97 million a year ago. Basic loss per share from continuing operations was CNY 0.0457 compared to basic earnings per share from continuing operations of CNY 0.022 a year ago. Diluted loss per share from continuing operations was CNY 0.0457 compared to diluted earnings per share from continuing operations of CNY 0.022 a year ago.
YONGYUE SCIENCE&TECHNOLOGY CO., LTD is a China-based company principally engaged in the research and development, production and sales of synthetic resin products. The Company's main products include unsaturated polyester resins, polyurethanes and expandable polystyrene. Its unsaturated polyester resins mainly include artificial stone resins, handicraft resins, coating resins, bathroom resins, color base resins and general glass fiber reinforced plastics. The Company mainly distributes its products in domestic and overseas markets.