Hubei Huitian New Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 12, 2021 at 05:42 am EDT
Share
Hubei Huitian New Materials Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 724.573 million compared to CNY 517.042 million a year ago. Operating income was CNY 86.805 million compared to CNY 65.230 million a year ago. Net income was CNY 75.525 million compared to CNY 55.651 million a year ago. Basic earnings per share from continuing operations was CNY 0.1852 compared to CNY 0.1382 a year ago. Diluted earnings per share from continuing operations was CNY 0.1848 compared to CNY 0.1382 a year ago.
Hubei Huitian New Materials Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of adhesives and other new materials. The Company's main products include high-performance organic silicone, polyurethane adhesives, acrylic adhesives, anaerobic adhesives, epoxy adhesives and other engineering adhesives and solar cell back sheets. Its products are mainly used in the fields of automobile manufacturing and maintenance, electronic appliances, rail transportation, new energy, construction machinery and other fields. The Company is also involved in the provision of automotive brake fluids and other automotive maintenance chemicals.
HUBEI HUITIAN NEW MATERIALS CO., LTD. 
