Chengdu Rainbow Appliance Shares Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 18, 2022 at 06:01 pm IST
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Chengdu Rainbow Appliance (Group) Shares Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,134.59 million compared to CNY 1,057.55 million a year ago. Revenue was CNY 1,144.15 million compared to CNY 1,064.61 million a year ago. Net income was CNY 110.87 million compared to CNY 112.57 million a year ago. Basic earnings per share from continuing operations was CNY 1.0538 compared to CNY 1.4231 a year ago. Diluted earnings per share from continuing operations was CNY 1.0538 compared to CNY 1.4231 a year ago.
Chengdu Rainbow Appliance Group Shares Co Ltd is a China-based company mainly engaged in the research, development, production and sales of household flexible heating appliances and household hygiene and insecticide products. The Company's products include a series of household flexible heating appliances such as electric blankets and electric hand warmers, and a series of household hygiene and insecticide products such as electric mosquito liquid, electric mosquito coils, disc mosquito coils, and insecticidal aerosols. The Company also produces chemical fiber products, agricultural sprayers and shoe dryers, etc. The Company mainly conducts business within the domestic market.