Chongqing Zaisheng Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 24, 2019 at 02:54 pm IST
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Chongqing Zaisheng Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 863.710 million compared to CNY 835.451 million a year ago. Operating income was CNY 152.161 million compared to CNY 139.049 million a year ago. Net income was CNY 134.388 million compared to CNY 121.145 million a year ago. Basic earnings per share from continuing operations was CNY 0.1912 compared to CNY 0.1724 a year ago. Diluted earnings per share from continuing operations was CNY 0.1877 compared to CNY 0.1692 a year ago.
Chongqing Zaisheng Technology Co., Ltd. is a China-based company primarily engaged in the research, development, manufacture and sales of microfiber glass wool products and related equipment. The Company primarily provides microfiber glass wool products, glass fiber filter paper, purification equipment, as well as core materials and insulation energy-saving materials. Its products are mainly used in air filtration, refrigerators and freezers industries. It distributes its products within domestic market and to overseas markets.