Qingdao Hanhe Cable Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 04:53 am EDT
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Qingdao Hanhe Cable Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,157.630 million compared to CNY 950.826 million a year ago. Operating income was CNY 135.549 million compared to CNY 96.578 million a year ago. Net income was CNY 115.485 million compared to CNY 85.116 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.03 a year ago.
Qingdao Hanhe Cable Co.,Ltd is a China-based company principally engaged in the research, development, manufacture, distribution and installation of electric wires, cables and cable accessories. The Companyâs main products include power cables, equipment wires and cables, special cables, data cables and overhead conductors, among others. The Company's products are mainly used in electricity, petroleum, chemical, transportation, communication, coal, metallurgy, hydropower, ship building and construction industries. The Company distributes its products in domestic market and to overseas markets, with East China as its main market.
QINGDAO HANHE CABLE CO.,LTD 
