Shanghai Hongda New Material Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 921.088 million compared to CNY 1,104.658 million a year ago. Operating income was CNY 71.918 million compared to operating loss of CNY 74.941 million a year ago. Net income was CNY 52.695 million compared to net loss of CNY 87.996 million a year ago. Basic earnings per share from continuing operations was CNY 0.1218 compared to basic loss per share from continuing operations of CNY 0.2035 a year ago.