Zhejiang Meida Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 03:50 am EDT
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Zhejiang Meida Industrial Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 413.28 million compared to CNY 368.51 million a year ago. Revenue was CNY 413.28 million compared to CNY 368.51 million a year ago. Net income was CNY 121.56 million compared to CNY 100.53 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.19 compared to CNY 0.16 a year ago.
Zhejiang Meida Industrial Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sale of integrated stove products. The Company's main products are the integrated stoves under the brand name of Meida, which combines fumes exhausting, cooking, steaming and disinfection and other functions in one. The Company's products are mainly used in home kitchens and the cooking places of apartments, armies, schools and hospitals. The Company distributes its products in domestic market.
ZHEJIANG MEIDA INDUSTRIAL CO., LTD. 
