Yindu Kitchen Equipment Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 24, 2020 at 05:13 pm EDT
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Yindu Kitchen Equipment Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,725.525 million compared to CNY 1,485.516 million a year ago. Operating income was CNY 353.954 million compared to CNY 296.991 million a year ago. Net income was CNY 297.349 million compared to CNY 248.349 million a year ago. Basic earnings per share from continuing operations was CNY 0.74 compared to CNY 0.62 a year ago.
Yindu Kitchen Equipment Co Ltd is a company engaged in research and development, production and sales of commercial catering equipment and provision of related services. The Company's products are comprised of commercial catering refrigeration equipment, buffet equipment and western kitchen equipment, which are used in a range of restaurant operations, such as dinners, fast foods and snacks. The Company also provides repair parts services. It sells its products to both domestic and international markets, including the United States, the United Kingdom, Germany, France and Italy.