Zhejiang Dafeng Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 11:22 pm EDT
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Zhejiang Dafeng Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 422.153 million compared to CNY 285.477 million a year ago. Operating income was CNY 80.524 million compared to CNY 44.685 million a year ago. Net income was CNY 65.720 million compared to CNY 38.500 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.1 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to CNY 0.09 a year ago.
Zhejiang Dafeng Industry Co Ltd, formerly Zhejiang Dafeng Industrial Co Ltd, is a China-based company principally engaged in design, manufacture, installment and sales of intelligence stages, architectural acoustics engineering, public decorations and seat stands. The Company's main products and services include stage machines, lights, audio/video, theatre and recreational chairs, movable stands and acoustics decorations, among others. The Company also involves in rail transit interiors and smart skylights businesses.