Anhui Estone Materials Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 10:55 am EDT
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Anhui Estone Materials Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 152.82 million compared to CNY 72.9 million a year ago. Net income was CNY 43.58 million compared to CNY 17.48 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.24 compared to CNY 0.13 a year ago.
Anhui Estone Materials Technology Co Ltd is a China-based company engaged in the production and research and development of organic non-metal composite materials. The Company's lithium battery coating material products, boehmite, etc., as ceramic coating particles are the main components of lithium battery inorganic coating materials, which are used in new energy vehicles, consumer electronics, energy storage and other fields. The Company's electronic communication function filling materials are mainly filled in electronic chip packaging materials and electronic printed circuit boards, and are used in electronics, advanced communications (5G), storage computing and other fields. The Company's low-smoke halogen-free flame-retardant materials are used in the fields of wire and cable, household appliances, transportation, construction, and home furnishing.