Zhejiang Huazheng New Material Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 13, 2020 at 01:18 pm IST
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Zhejiang Huazheng New Material Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 947.626 million compared to CNY 946.662 million a year ago. Operating income was CNY 63.514 million compared to CNY 47.633 million a year ago. Net income was CNY 58.260 million compared to CNY 44.987 million a year ago. Basic earnings per share from continuing operations was CNY 0.44 compared to CNY 0.34 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. 
