Zhe Jiang Hai Liang Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 06:31 am
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Zhe Jiang Hai Liang Co., Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 63,309.9 million compared to CNY 46,409.66 million a year ago. Net income was CNY 1,107.21 million compared to CNY 677.77 million a year ago. Basic earnings per share from continuing operations was CNY 0.5647 compared to CNY 0.3472 a year ago. Diluted earnings per share from continuing operations was CNY 0.5176 compared to CNY 0.3267 a year ago.
Zhejiang Hailiang Co Ltd is a China-based company mainly engaged in the research and development, production, manufacturing and sales of copper tubes, copper rods, copper foil, copper tube fittings, conductor materials, aluminum profiles and other products. The Company conducts its business through three segments. The Copper and Aluminum Processing Business segment produces copper tubes, copper rods, copper bars and copper foil and other copper and aluminum products. The Environmental Protection Materials Business segment is engaged in the research and development, production and sales of environmental protection materials and others. The Company also conducts business through the Loan Business segment. The Company's products are used in air conditioning and refrigerator refrigeration, traditional and new energy vehicles, building water pipes, seawater desalination and other industries. The Company mainly conducts business in the domestic and foreign markets.