Tianjin MOTIMO Membrane Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 01:13 pm
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Tianjin MOTIMO Membrane Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 59.23 million compared to CNY 63.04 million a year ago. Revenue was CNY 59.23 million compared to CNY 63.04 million a year ago. Net loss was CNY 12.93 million compared to net income of CNY 2.03 million a year ago. Basic loss per share from continuing operations was CNY 0.0428 compared to basic earnings per share from continuing operations of CNY 0.0067 a year ago. Diluted loss per share from continuing operations was CNY 0.0428 compared to diluted earnings per share from continuing operations of CNY 0.0067 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.