Konda new material main industry continued to make efforts in the first half of the net profit of revenue increased significantly.

On August 17th, Konda New Materials announced that it had achieved revenue of RMB695.0310 million in the first half of the year, up 61.45 percent YoY, and net profit attributable to shareholders of listed companies of RMB99.3982 million, up 69.43 percent YoY.
According to the announcement, the growth of Kanda new material performance is mainly the company to actively respond to the impact of the epidemic, accelerate the pace of product import substitution, enhance the proportion of applications in emerging areas of the market, focus on key industries, through strengthening their own business capabilities, and constantly increase their independent research and development capabilities, to develop cost-effective, stable and further enhance the product, thereby enhancing their own profitability, business has maintained steady growth.
At the same time, Konda New Materials also announced that it will continue to promote business docking with Vestas Wind Systems A/S (Vestas Wind Technology Group) and Siemens Gamesa ,in an effort to expand market share and enable the company's products to accelerate their entry into the international market.
company has completed some of the Siemens Gome-Mei-Yi blade trial work, is currently carrying out the relevant trial production work, the next stage of the company will continue to promote related business, for the product into the international wind blade manufacturing market to lay the foundation.
's 2019 financial results show that Kanda New Materials achieved revenue of RMB431 million, up 26.15% YoY, while net income attributable to shareholders of listed companies was RMB58.666 million, up 48.32% YoY, and basic earnings per share was RMB0.197, compared with RMB0.169.
data show that Konda new materials are mainly engaged in medium and high-end adhesives and new materials products research and development, production and sales, including epoxy, polyurethane, acrylic and other eight series.
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