Zhejiang Huazheng New Material Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 21, 2020 at 04:37 am EDT
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Zhejiang Huazheng New Material Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,563.950 million compared to CNY 1,489.280 million a year ago. Operating income was CNY 104.364 million compared to CNY 81.917 million a year ago. Net income was CNY 92.941 million compared to CNY 78.204 million a year ago. Basic earnings per share from continuing operations was CNY 0.69 compared to CNY 0.6 a year ago.
Zhejiang Wazam New Materials Co Ltd is a China-based company mainly engaged in the design, research and development (R&D), production and sales of copper clad laminate materials. The Company also produces functional composite materials, composite materials for transportation and logistics, and aluminum-plastic composite materials for lithium battery soft packs. The Company's products are widely used in communication information exchange systems, cloud computing storage systems, autonomous driving signal acquisition systems, Internet of Things (IoT) radio frequency systems, medical equipment, rail transit, lithium batteries, green logistics and other major fields. The Company sells products in domestic and foreign markets.
ZHEJIANG WAZAM NEW MATERIALS CO.,LTD. 
