Aishida Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
April 28, 2023 at 07:10 am EDT
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Aishida Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 588.42 million compared to CNY 753.82 million a year ago. Revenue was CNY 588.42 million compared to CNY 753.82 million a year ago.
Net loss was CNY 38.93 million compared to CNY 26.85 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to CNY 0.08 a year ago. Diluted loss per share from continuing operations was CNY 0.11 compared to CNY 0.08 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.