Ningbo Shanshan Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 09, 2021 at 04:31 am EDT
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Ningbo Shanshan Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 9,946.665 million compared to CNY 3,210.420 million a year ago. Operating income was CNY 1,103.846 million compared to CNY 156.448 million a year ago. Net income was CNY 759.726 million compared to CNY 100.076 million a year ago. Basic earnings per share from continuing operations was CNY 0.467 compared to CNY 0.08 a year ago.
Ningbo Shanshan Co Ltd is a China-based company mainly engaged in the research and development, production and sales of polarizers and lithium battery materials. The Company mainly conducts its businesses through nine segments. The Polarizer segment is mainly engaged in the research and development, production and sales of polarizers. The Cathode Material segment provides lithium cobalt oxide, lithium nickel cobalt manganate, lithium nickel cobalt aluminate and lithium manganate. The Anode Materials segment provides artificial graphite, natural graphite, and silicon-based anodes. The Electrolyte Materials segment provides electrolytes and lithium hexafluorophosphate. The Lithium Salt Materials segment provides lithium salts. The New Energy Vehicle segment provides charging services. The Energy Management segment is mainly engaged in material sales, photovoltaic power generation and other businesses. The Company also provides business through Investment segment and Other segment.