Aishida Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 09:12 am EDT
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Aishida Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 468.094 million compared to CNY 860.483 million a year ago. Operating loss was CNY 42.421 million compared to operating Income of CNY 52.033 million a year ago. Net loss was CNY 33.290 million compared to net income of CNY 48.340 million a year ago. Basic loss per share from continuing operations was CNY 0.1 compared to basic earnings per share from continuing operations of CNY 0.14 a year ago.
AISHIDA CO.,LTD., formerly ZHEJIANG AISHIDA ELECTRIC CO.,LTD. is a China-based company mainly engaged in the production of kitchen cookers, small kitchen appliances, household goods, robot bodies, and robot applications. The Company's main products include cooking utensils such as woks, frying pans, soup pans, milk pans, pressure cookers, steamers, etc .; small appliances such as rice cookers, electric pressure cookers, induction cookers, electric kettles, soymilk machines, etc .; household items such as kettles, thermos pots, cups, kitchen tools, etc. and industrial robots. The Company operates its businesses within the domestic market and to overseas markets.
AISHIDA CO., LTD 
