Zhejiang Yangfan New Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 21, 2021 at 01:35 pm IST
Share
Zhejiang Yangfan New Materials Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 474.65 million compared to CNY 322.33 million a year ago. Revenue was CNY 474.65 million compared to CNY 322.33 million a year ago. Net income was CNY 7 million compared to CNY 19.3 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.08 a year ago.
Zhejiang Yangfan New Materials Co Ltd is a company mainly engaged in research, development, production and sales of photoinitiators and mercapto compounds. The Company's primary product is the photoinitiators, including 907, ITX and BMS. The product is used in photocurable materials, printed circuit boards, microelectronics processing, paper making and household appliances. The Company is also involved in producing mercapto compounds as pesticide intermediates, pharmaceutical intermediates and dye intermediates.