Hubei Huitian New Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 03:52 am EDT
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Hubei Huitian New Materials Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 964.12 million compared to CNY 724.57 million a year ago. Net income was CNY 88.61 million compared to CNY 75.53 million a year ago. Basic earnings per share from continuing operations was CNY 0.2128 compared to CNY 0.1852 a year ago. Diluted earnings per share from continuing operations was CNY 0.2053 compared to CNY 0.1848 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. 
