Zhejiang Huazheng New Material Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 15, 2021 at 06:36 pm IST
Share
Zhejiang Huazheng New Material Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,284.080 million compared to CNY 2,025.856 million a year ago. Operating income was CNY 138.606 million compared to CNY 105.899 million a year ago. Net income was CNY 125.220 million compared to CNY 102.140 million a year ago. Basic earnings per share from continuing operations was CNY 0.92 compared to CNY 0.79 a year ago. Diluted earnings per share from continuing operations was CNY 0.91 compared to CNY 0.79 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. 
