Kangxin 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 405.835 million compared to CNY 163.907 million a year ago. Operating income was CNY 49.106 million compared to operating loss of CNY 28.055 million a year ago. Net income was CNY 42.283 million compared to net loss of CNY 27.719 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.03 a year ago.