Tsannkuen China Enterprise Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 06, 2019 at 11:51 am EDT
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TsannKuen China Enterprise Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced total revenue was CNY 929.448 million compared to CNY 691.510 million a year ago. Operating income was CNY 90.359 million compared to operating loss of CNY 43.562 million a year ago. Net income was CNY 47.292 million compared to net loss of CNY 28.341 million a year ago. Basic earnings per share was CNY 0.26 compared to basic loss per share of CNY 0.15 a year ago.
Tsann Kuen China Enterprise Co Ltd is a China-based company principally engaged in the development, production and manufacturing of small household appliances. The Company also designs and manufactures molds related to small household appliances, sells products, and provides after-sales services. The Company's main products include small household appliances in categories such as gourmet cooking, home helpers, tea and coffee. The Company's products mainly focus on product functions, smart appliances and scene Internet of Things (IoT) applications. The Company principally conducts its businesses in the domestic market, as well as overseas markets such as the Americas, Europe, Asia, Africa and Australia.