Zhejiang Langdi Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 04:15 am EDT
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Zhejiang Langdi Group Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,217.533 million compared to CNY 1,214.689 million a year ago. Operating income was CNY 111.163 million compared to CNY 119.857 million a year ago. Net income was CNY 85.783 million compared to CNY 95.642 million a year ago. Basic earnings per share from continuing operations was CNY 0.46 compared to CNY 0.52 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. 
