Zhe Jiang Kangsheng Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 07:11 am EDT
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Zhe Jiang Kangsheng Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 848.744 million compared to CNY 1,044.145 million a year ago. Operating loss was CNY 33.745 million compared to CNY 94.958 million a year ago. Net loss was CNY 26.463 million compared to CNY 96.394 million a year ago. Basic loss per share from continuing operations was CNY 0.023 compared to CNY 0.085 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. 
