Hengda New Materials Fujian Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 20, 2021 at 05:02 am
Share
Hengda New Materials Fujian Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 102.717 million compared to CNY 68.680 million a year ago. Operating income was CNY 29.688 million compared to CNY 18.436 million a year ago. Net income was CNY 34.664 million compared to CNY 15.444 million a year ago. Basic earnings per share from continuing operations was CNY 0.52 compared to CNY 0.31 a year ago.
Hengda New Materials Fujian Co Ltd is a China-based company mainly engaged in the research and development, production and sales of metal cutting tools, intelligent computer numerical control (CNC) equipment and rolling functional components. The metal cutting tools include die cutting tools and sawing tools. The intelligent CNC equipment mainly includes CNC fully automatic circular saw machines, flexible material intelligent cutting machines and high-speed CNC band saws. The rolling functional components are mainly linear guide pairs. The Companyâs products are mainly used in domestic industrial robots, military equipment, nuclear power equipment, aerospace, rail transportation, high-end medical and other fields. The Company mainly operates in the domestic market.
HENGERDA NEW MATERIALS (FUJIAN) CO., LTD. 
