Zhe Jiang Kangsheng Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 24, 2019 at 04:40 am EDT
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Zhe Jiang Kangsheng Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,511.395 million compared to CNY 2,387.730 million a year ago. Operating loss was CNY 146.653 million compared to CNY 10.122 million a year ago. Net loss was CNY 156.353 million compared to CNY 9.529 million a year ago. Basic loss per share from continuing operations was CNY 0.138 compared to CNY 0.008 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. 
