Zhejiang Yangfan 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 165.949 million compared to CNY 97.873 million a year ago. Operating income was CNY 15.644 million compared to operating loss of CNY 3.899 million a year ago. Net income was CNY 14.213 million compared to net loss of CNY 3.126 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to basic loss per share from continuing operations of CNY 0.01 a year ago.