Suzhou Institute of Building Science Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 05:20 pm EDT
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Suzhou Institute of Building Science Group Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 140.11 million compared to CNY 140.35 million a year ago. Revenue was CNY 140.11 million compared to CNY 140.35 million a year ago. Net loss was CNY 10.18 million compared to net income of CNY 9.51 million a year ago. Basic loss per share from continuing operations was CNY 0.0167 compared to basic earnings per share from continuing operations of CNY 0.0179 a year ago. Diluted loss per share from continuing operations was CNY 0.0167 compared to diluted earnings per share from continuing operations of CNY 0.0179 a year ago.
Suzhou Institute of Building Science Group Co., Ltd. is a China-based company principally involved in the provision of engineering technology services, sales and manufacturing of new building materials. The Company operates through two main segments. The Engineering Technology Services segment is mainly engaged in engineering inspection, insulation, waterproofing, reinforcement and other engineering professional construction, engineering design, engineering supervision and other technical services. The New Building Materials segment is primarily involved in manufacturing and sales of building materials, such as waterproofing membrane, waterproof coating, concrete admixture, insulation materials and building structural plastic.