Zhe Jiang Kangsheng Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 06:27 am EDT
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Zhe Jiang Kangsheng Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,035.22 million compared to CNY 572.13 million a year ago. Revenue was CNY 1,035.22 million compared to CNY 572.13 million a year ago. Net loss was CNY 10.79 million compared to net income of CNY 23.31 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.021 a year ago. Diluted loss per share from continuing operations was CNY 0.01 compared to diluted earnings per share from continuing operations of CNY 0.021 a year ago.
ZHE JIANG KANGSHENG CO., LTD. is a China-based company, principally engaged in the manufacture and distribution of air cooling and refrigeration pipes, as well as related products. The Company operates its businesses through three segments. The Cooling Parts segment mainly provides cooling pipes, steel fittings, refrigeration tubes, aluminum accessories, refrigeration brass, copper and aluminum parts. The New Energy Automotive Parts segment is engaged in the research and development, manufacture and distribution of electrical, electrical control and electrical air conditioning products. The Finance Leasing segment is engaged in finance leasing business, and related consulting, guarantee and business factoring businesses. The Company conducts its businesses within domestic and overseas markets.
ZHE JIANG KANGSHENG CO.,LTD. 
