Anhui Korrun Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 909.91 million compared to CNY 740.25 million a year ago. Revenue was CNY 909.91 million compared to CNY 740.25 million a year ago.
Net income was CNY 71.06 million compared to CNY 35.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.29 compared to CNY 0.15 a year ago.
Anhui Korrun Co Ltd is a China-based company primarily engaged in the research, development, design, production, and sales of travel products, including casual bags, suitcases, business bags, apparel, and related accessories. The Company's primary businesses include contract manufacturing and brand management. The contract manufacturing business focuses on collaborations with renowned brands such as Nike, Decathlon, Uniqlo, PUMA, Dell, HP, and ASUS, offering a wide range of products, including sports and leisure bags, business bags, other functional soft bags, and trolley cases. The brand management business focuses on its own brand, 90 Points, and its partner brand, Xiaomi, providing users with travel products such as trolley cases and backpacks. The Company is also engaged in contract manufacturing of garments.
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ESG MSCI
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