Anhui Korrun Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 08:00 am EDT
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Anhui Korrun Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 451.283 million compared to CNY 537.053 million a year ago. Operating income was CNY 46.115 million compared to CNY 47.717 million a year ago. Net income was CNY 45.252 million compared to CNY 31.911 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.19 compared to CNY 0.14 a year ago.
Anhui Korrun Co., Ltd. is a China-based company principally engaged in the research, development, design, manufacture and sales of travel products such as luggage, shoes and related accessories. The Companyâs products mainly include business bags, outdoor leisure bags, protective covers for tablets and mobile phones. The Company has two kinds of business modes. One is original design manufacturer (ODM) and original equipment manufacturer (OEM) and the other one is proprietary brand business. Its proprietary brand includes Guildford and 90 points. Its ODM and OEM modes mainly provide products to Lenovo, Decathlon, ASUS and Samsonite. The Company operates its business in domestic market and overseas markets.
ANHUI KORRUN CO., LTD. 
