Zhe Jiang Kangsheng Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 06:33 am EDT
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Zhe Jiang Kangsheng Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,352.346 million compared to CNY 2,007.637 million a year ago. Operating income was CNY 69.900 million compared to operating loss of CNY 509.899 million a year ago. Net income was CNY 20.970 million compared to net loss of CNY 542.337 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.48 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. 
