Zhe Jiang Kangsheng Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 07:46 am EDT
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Zhe Jiang Kangsheng Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,712.93 million compared to CNY 1,396.2 million a year ago. Revenue was CNY 1,712.93 million compared to CNY 1,396.2 million a year ago. Net income was CNY 12.47 million compared to net loss of CNY 30.36 million a year ago. Basic earnings per share was CNY 0.011 compared to basic loss per share of CNY 0.0267 a year ago. Diluted earnings per share was CNY 0.011 compared to diluted loss per share of CNY 0.0267 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.