ADD Industry CO., LTD Announces Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 03:30 pm IST
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ADD Industry (Zhejiang) CO., LTD announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 328.788 million compared to CNY 186.719 million a year ago. Operating income was CNY 55.904 million compared to CNY 12.423 million a year ago. Net income was CNY 50.796 million compared to CNY 4.940 million a year ago. Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.02 a year ago.
ADD Industry Zhejiang Co Ltd is a China-based company mainly engages in the research, development, production and sales of automotive parts and components such as automotive suspension system shock absorbers, automotive rubber shock absorbing products and engine seals. Automotive suspension system shock absorbers (also known as shock absorbers or damping shock absorbers) are mainly used in automotive suspension systems. Rubber shock absorbing products mainly include suspensions, top rubbers, bushings, dust covers and others. Engine seals mainly include cylinder gaskets, exhaust pipe gaskets, oil pan gaskets, valve cover gaskets, intake manifold gaskets, supercharger gaskets, oil seals and others. The Company mainly conducts its business in the domestic and foreign markets.
ADD INDUSTRY (ZHEJIANG) CO., LTD 
