Zhejiang Huazheng New Material Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 21, 2021 at 08:45 am
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Zhejiang Huazheng New Material Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,678.69 million compared to CNY 1,563.95 million a year ago. Revenue was CNY 2,678.69 million compared to CNY 1,563.95 million a year ago. Net income was CNY 216.79 million compared to CNY 92.94 million a year ago. Basic earnings per share from continuing operations was CNY 1.53 compared to CNY 0.69 a year ago. Diluted earnings per share from continuing operations was CNY 1.53 compared to CNY 0.69 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.