Zhejiang Kaier New Materials Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 50.029 million compared to CNY 34.973 million a year ago. Operating loss was CNY 10.733 million compared to operating Income of CNY 53.722 million a year ago. Net loss was CNY 11.647 million compared to net income of CNY 47.483 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.09 a year ago.