Zhejiang Huazheng New Material Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 19, 2021 at 01:28 pm IST
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Zhejiang Huazheng New Material Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 769.586 million compared to CNY 411.750 million a year ago. Operating income was CNY 71.854 million compared to CNY 19.105 million a year ago. Net income was CNY 63.350 million compared to CNY 17.632 million a year ago. Basic earnings per share from continuing operations was CNY 0.45 compared to CNY 0.14 a year ago.
Zhejiang Wazam New Materials Co Ltd is a China-based company mainly engaged in the design, research and development (R&D), production and sales of copper clad laminate materials. The Company also produces functional composite materials, composite materials for transportation and logistics, and aluminum-plastic composite materials for lithium battery soft packs. The Company's products are widely used in communication information exchange systems, cloud computing storage systems, autonomous driving signal acquisition systems, Internet of Things (IoT) radio frequency systems, medical equipment, rail transit, lithium batteries, green logistics and other major fields. The Company sells products in domestic and foreign markets.
ZHEJIANG WAZAM NEW MATERIALS CO.,LTD. 
