Tianjin MOTIMO Membrane Technology Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 08:13 am EDT
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Tianjin MOTIMO Membrane Technology Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 471.25 million compared to CNY 500.12 million a year ago. Revenue was CNY 473.34 million compared to CNY 502.52 million a year ago. Net income was CNY 28.3 million compared to net loss of CNY 87.47 million a year ago. Basic earnings per share from continuing operations was CNY 0.094 compared to basic loss per share from continuing operations of CNY 0.29 a year ago. Diluted earnings per share from continuing operations was CNY 0.094 compared to diluted loss per share from continuing operations of CNY 0.29 a year ago.
Tianjin Motimo Membrane Technology Co Ltd is primarily engaged in the research, development, manufacture and sale of ultrafiltration membrane, micro membrane and membrane module, as well as the provision of membrane water resource solutions. The Company provides hollow fiber column membrane, curtain-style ultrafiltration membrane, micro-membrane and membrane module, as well as membrane water resource solutions, including continuous membrane filtration (CMF), submerged membrane filter (SMF) and embrane bioreactor (MBR). The Company also provides membrane replacement services, membrane engineering solutions, and sewage treatment technical services. The Company mainly conducts businesses within the domestic market.