Fujian Kuncai Material Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 213.849 million compared to CNY 165.421 million a year ago. Operating income was CNY 51.793 million compared to CNY 41.423 million a year ago. Net income was CNY 44.013 million compared to CNY 35.340 million a year ago. Basic earnings per share from continuing operations was CNY 0.094 compared to CNY 0.0755 a year ago.