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Sinoma International (600970): Revenue Under Pressure, Foreign Exchange Losses Weigh on Earnings
The company reported operating revenue of 9.505 billion yuan in Q1 2026, representing a year-on-year decrease of 6.33%; net profit attributable to shareholders amounted to 455 million yuan, reflecting a year-on-year decline of 31.43%; non-recurring net profit attributable to shareholders was 432 million yuan, showing a year-on-year
Battery Separator Research Report 2026: A Global $78.97 Billion Market by 2040 Featuring Notable Players - Asahi Kasei, Bernard Dumas, Sinoma Lithium Film, SK Innovation, and Toray
Sinoma International Engineering (600970.SH): Public issuance of corporate bonds not exceeding 2 billion yuan approved by the China Securities Regulatory Commission
Gelonghui, May 13th丨Sinoma International Engineering Co., Ltd. (600970.SH) announced that the company received the approval letter titled 'Approval for the Registration of Public Issuance of Corporate Bonds to Professional Investors by Sinoma International Engineering Co., Ltd.' issued by the China Securities Regulatory Commission (hereinafter referred to as 'CSRC') (Approval No. [2026]1069). The specific content of the approval is as follows: 1. Approval is granted for the registration application to publicly issue corporate bonds with a total face value not exceeding 2 billion yuan to professional investors. 2. This issuance of corporate bonds must strictly follow the prospectus submitted to the Shanghai Stock Exchange. 3. This approval will be effective from
Sinoma International (600970): Increased collections improve cash flow
Sinoma International released its Q1 report, achieving revenue of 9.505 billion yuan in Q1 2026 (yoy -6.33%, qoq -42.74%), with net profit attributable to shareholders amounting to 455 million yuan (yoy -31.43%).
Sinoma International (600970): Foreign exchange losses eroded part of the profits; focus on the pace of conversion of overseas orders.
1Q26 performance was below our expectations. The company announced its 1Q26 results: revenue of 9.505 billion yuan, a year-on-year decrease of 6.33%, net profit attributable to shareholders of 455 million yuan, a year-on-year decrease of 31.43%, and non-recurring net profit attributable to shareholders of 432 million yuan.
Sinoma International: First Quarter Report for 2026 of China National Materials International Engineering Corporation