Zhe Jiang Hai Liang Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 08:58 am EDT
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Zhe Jiang Hai Liang Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 15,572.549 million compared to CNY 11,454.785 million a year ago. Operating income was CNY 319.585 million compared to CNY 168.489 million a year ago. Net income was CNY 271.455 million compared to CNY 168.513 million a year ago. Basic earnings per share from continuing operations was CNY 0.1417 compared to CNY 0.0884 a year ago. Diluted earnings per share from continuing operations was CNY 0.1228 compared to CNY 0.0781 a year ago.
ZHE JIANG HAI LIANG CO., LTD is a China-based company, principally engaged in the research and development, manufacture and distribution of copper pipes and copper rods. The Company also provides brass fittings, copper and aluminum composite conductors and aluminum products, among others. The Company's products are applied in air conditioning and refrigerator cooling, building water pipes, desalination, shipbuilding, nuclear power facilities and equipment manufacturing and others. The Company distributes its products within domestic market and to overseas markets.
ZHE JIANG HAI LIANG CO., LTD 
