Puyang Huicheng Electronic Material Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:59 am EDT
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Puyang Huicheng Electronic Material Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 375.71 million compared to CNY 285.24 million a year ago. Revenue was CNY 375.71 million compared to CNY 285.24 million a year ago. Net income was CNY 83.88 million compared to CNY 47.02 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.18 a year ago. Diluted earnings per share from continuing operations was CNY 0.28 compared to CNY 0.18 a year ago.
Puyang Huicheng Electronic Material Co.,Ltd is a China-based company principally engaged in the research and development, manufacture and sale of anhydride maleic anhydride derivatives, fluorene and other fine chemicals. The Company's main products include Tetrahydrophthalic Anhydride, Hexahydrophthalic Anhydride, Methyl Tetrahydrophthalic Anhydride and carbic anhydride, among others. The Company's anhydride maleic anhydride derivatives are mainly used for epoxy resin curing and the synthesis of polyester resin and alkyd resin. The Companyâs products are applied in electronic component encapsulation, electrical equipment insulation materials, coatings, composite materials, photolectric material and pharmaceutical intermediates. The Company distributes its products in domestic market and to overseas markets.
PUYANG HUICHENG ELECTRONIC MATERIAL CO., LTD. 
