Jiangsu Changhai Composite Materials Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 554.187 million compared to CNY 395.764 million a year ago. Operating income was CNY 121.704 million compared to CNY 67.003 million a year ago. Net income was CNY 106.051 million compared to CNY 56.065 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.14 a year ago.