Zhejiang Langdi Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 02:11 pm EDT
Share
Zhejiang Langdi Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 238.835 million compared to CNY 381.046 million a year ago. Operating income was CNY 16.421 million compared to CNY 33.940 million a year ago. Net income was CNY 12.858 million compared to CNY 26.983 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.15 a year ago.
Zhejiang Langdi Group Co., Ltd. is principally engaged in the research and development, manufacture and sale of air-conditioning fan and fan products. The Company's major product is air-conditioning fan, which is mainly used in the air-conditioning system for both internal and external. Its products are divided into three categories according to operation model: backward-curved fans, axial-flow fans and forward-curved fans; and according to raw materials, divided into plastic fans and metal fans; according to purpose, divided into household air conditioning fans and commercial air conditioning fans. The Company's products are sold under the brand Langdi.
ZHEJIANG LANGDI GROUP CO., LTD. 