Kangde Xin Composite Material Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 340.909 million compared to CNY 223.702 million a year ago. Operating loss was CNY 255.091 million compared to CNY 212.614 million a year ago. Net loss was CNY 279.265 million compared to CNY 213.930 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to CNY 0.06 a year ago.