Sinoma Science & Technology reports strong Q3 growth, appoints new vice president
Sinoma Science & Technology announced a significant performance improvement in its Q3 2025 report. For the nine months ending September 30, 2025, the company's operating revenue rose by 29.09% to 21.7 bn yuan, with net profit attributable to shareholders increasing by 143.24% to 1.48 bn yuan. Basic earnings per share also grew by 143.26% to 0.8818 yuan. These gains were attributed to higher glass fiber product prices and increased wind turbine blade sales.
The company's board of directors, at its twenty-fifth interim meeting, approved the Q3 2025 report and appointed Mr. Zhang Heng as vice president. Mr. Zhang, born in 1982, previously served as CFO and deputy general manager of Sinoma Wind Power Blade Co., Ltd. and general manager of China Composites Group Co., Ltd. His appointment is effective for the remainder of the current board term.
The financial improvements were also supported by strengthened accounts receivable management, leading to a 91.20% increase in net cash flow from operating activities, reaching 3.62 bn yuan. Total assets for the period grew by 8.12% to 64.73 bn yuan, with owners' equity attributable to shareholders increasing by 5.96% to 19.62 bn yuan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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