Hangzhou Huaguang Advanced Welding Materials Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 02:54 pm IST
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Hangzhou Huaguang Advanced Welding Materials Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 595.365 million compared to CNY 344.383 million a year ago. Operating income was CNY 37.252 million compared to CNY 24.497 million a year ago. Net income was CNY 34.095 million compared to CNY 21.970 million a year ago. Basic earnings per share from continuing operations was CNY 0.39 compared to CNY 0.33 a year ago.
Hangzhou Huaguang Advanced Welding Materials Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of brazing materials. The Company's main products are electronic connection materials such as copper-based solder, silver solder, silver paste and tin-based solder. The Company's products are widely used in many fields such as refrigeration and heating and ventilation, power and electrical, electronics, new energy vehicles, and other industrial applications. The Company provides customers with integrated services such as welding materials, welding equipment, welding tools, weldment processing, and welding technology.