Fujian Snowman Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 24, 2019 at 05:29 pm EDT
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Fujian Snowman Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 289.228 million compared to CNY 228.199 million a year ago. Operating income was CNY 4.048 million compared to CNY 1.494 million a year ago. Net income was CNY 2.292 million compared to CNY 1.999 million a year ago. Basic earnings per share from continuing operations was CNY 0.0034 compared to CNY 0.003 a year ago. Sales was CNY 40.847 million compared to CNY 33.131 million a year ago. Operating loss was CNY 14.945 million compared to CNY 16.552 million a year ago. Net loss was CNY 14.935 million compared to CNY 16.518 million a year ago. Basic loss per share from continuing operations was CNY 0.14 compared to CNY 0.2065 a year ago.
FUJIAN SNOWMAN CO., LTD. is a China-based company principally engaged in the research and development, manufacturing and sales of refrigeration equipment. The Company's main products include ice making equipment, compressors and central air conditioning systems. Its products are mainly used in the concrete cooling, cold chain logistics, nuclear power, chemical, commercial supermarket, food processing and other fields. The Company is also engaged in central air conditioning system sales and installation business, as well as the provision of oil and gas technical services. The Company mainly operates its business in the domestic and overseas markets.