Jiangsu Cnano Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 11:47 pm
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Jiangsu Cnano Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 218.617 million compared to CNY 60.324 million a year ago. Operating income was CNY 62.898 million compared to CNY 15.497 million a year ago. Net income was CNY 53.263 million compared to CNY 12.842 million a year ago. Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.06 a year ago.
Jiangsu Cnano Technology Co Ltd is a China-based company mainly engaged in the research and development (R&D), production and sales of nano carbon materials and related products. The Company's main products include carbon nanotube powder, carbon nanotube conductive paste, graphene composite conductive paste, carbon nanotube conductive masterbatch and others. The Company's products are mainly used in lithium batteries, conductive plastics and other fields, and finally applied in new energy vehicles, computer, communication and consumer (3C) products, energy storage batteries and other products. The Company's products are mainly sold to domestic and international markets.