Zhejiang Meida Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 08, 2021 at 05:14 am EDT
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Zhejiang Meida Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,770.817 million compared to CNY 1,684.475 million a year ago. Operating income was CNY 635.352 million compared to CNY 534.758 million a year ago. Net income was CNY 543.562 million compared to CNY 460.012 million a year ago. Basic earnings per share from continuing operations was CNY 0.84 compared to CNY 0.71 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. 
