Zhejiang Damon Technology Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 17, 2021 at 01:31 pm IST
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Zhejiang Damon Technology Co.,Ltd announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 586.926 million compared to CNY 311.871 million a year ago. Operating income was CNY 45.558 million compared to CNY 19.161 million a year ago. Net income was CNY 38.850 million compared to CNY 14.545 million a year ago. Basic earnings per share from continuing operations was CNY 0.45 compared to CNY 0.17 a year ago.
Damon Technology Group Co Ltd, formerly Zhejiang Damon Technology Co Ltd, is a China-based company mainly engaged in research, development, design, manufacturing, sales and service of automated logistics conveying and sorting systems, key equipment and its core components. The Company's main products include automated logistics conveyor sorting systems; automated logistics conveyor sorting key equipment, such as box conveyor equipment and pallet conveyor equipment; logistics conveyor sorting core components, such as conveyor rollers. The Company's products are used in e-commerce, express logistics, clothing, medicine, tobacco, new retail, smart manufacturing and other fields. The Company operates its businesses within the domestic market and to overseas markets such as South Korea, Australia, European Union countries, the United States and India.