Tsannkuen China Enterprise Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 18, 2019 at 09:20 pm IST
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TsannKuen China Enterprise Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 1,790.062 million compared to CNY 1,872.746 million a year ago. Operating income was CNY 7.601 million compared to CNY 106.420 million a year ago. Net income was CNY 11.831 million compared to CNY 65.759 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.35 a year ago.
Tsann Kuen China Enterprise Co Ltd is a China-based company principally engaged in the development, production and manufacturing of small household appliances. The Company also designs and manufactures molds related to small household appliances, sells products, and provides after-sales services. The Company's main products include small household appliances in categories such as gourmet cooking, home helpers, tea and coffee. The Company's products mainly focus on product functions, smart appliances and scene Internet of Things (IoT) applications. The Company principally conducts its businesses in the domestic market, as well as overseas markets such as the Americas, Europe, Asia, Africa and Australia.