Zhejiang Double Arrow Rubber Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 08:26 am EDT
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Zhejiang Double Arrow Rubber Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 841.054 million compared to CNY 813.673 million a year ago. Operating income was CNY 114.975 million compared to CNY 175.026 million a year ago. Net income was CNY 93.109 million compared to CNY 146.164 million a year ago. Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.36 a year ago.
ZHEJIANG DOUBLE ARROW RUBBER CO., LTD. is a China-based company mainly engaged in the manufacture and sale of rubber conveyor belts. The Companyâs conveyor belts products include steel cord conveyor belts, fire-resistant steel cord conveyor belts, polyester conveyor belts, nylon conveyor belts, cotton and polyester cotton conveyor belts, solid woven conveyor belts, flame retardant conveyor belts for textile construction for general use, heat resistant and high temperature resistant conveyor belts, and chemical resistant conveyor belts, among others. It also produces rubber sheets and hoses. The Company's products are mainly used in coal, power, port, steel, cement and other industries. Through its subsidiaries, it involves in the trading of rubber goods.
ZHEJIANG DOUBLE ARROW RUBBER CO., LTD. 
