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Hubei posts first quarter financials

Apr 23, 2021 | 0 comments

The company has released its first quarter financial results, showing a 83.73% increase year-on-year in operating income.

From January to March 2021, the company achieved operating income of RMB 519,955,200 ($80,074,257.36/ €66,409,056.66), an increase of 83.73% over the same period of the previous year; net profit attributable to shareholders of listed companies was RMB 37,538,200 ($5,781,040.57/ €4,794,406.23).

Hubei said that the significant year-on-year increase in the company’s operating performance during the reporting period was mainly due to the fact that both the general printing consumables business and the CMP polishing pad business of Dinghui Microelectronics achieved both year-on-year increases in revenue and profits.

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