Chongqing Zaisheng Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 21, 2020 at 08:59 am EDT
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Chongqing Zaisheng Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,318.548 million compared to CNY 863.710 million a year ago. Operating income was CNY 421.231 million compared to CNY 152.161 million a year ago. Net income was CNY 317.570 million compared to CNY 134.388 million a year ago. Basic earnings per share from continuing operations was CNY 0.4469 compared to CNY 0.1912 a year ago. Diluted earnings per share from continuing operations was CNY 0.4391 compared to CNY 0.1869 a year ago.
Chongqing Zaisheng Technology Co., Ltd. is a China-based company primarily engaged in the research, development, manufacture and sales of microfiber glass wool products and related equipment. The Company primarily provides microfiber glass wool products, glass fiber filter paper, purification equipment, as well as core materials and insulation energy-saving materials. Its products are mainly used in air filtration, refrigerators and freezers industries. It distributes its products within domestic market and to overseas markets.
CHONGQING ZAISHENG TECHNOLOGY CO., LTD. 
