Tsannkuen China Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 27, 2020 at 01:32 pm IST
Share
TsannKuen China Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was CNY 693.486 million compared to CNY 567.950 million a year ago. Operating income was CNY 85.756 million compared to CNY 55.357 million a year ago. Net income was CNY 54.549 million compared to CNY 34.915 million a year ago. Basic earnings per share was CNY 0.3 compared to CNY 0.18 a year ago. For the nine months, total revenue was CNY 1,486.500 million compared to CNY 1,497.398 million a year ago. Operating income was CNY 143.077 million compared to CNY 145.717 million a year ago. Net income was CNY 93.769 million compared to CNY 82.208 million a year ago. Basic earnings per share was CNY 0.51 compared to CNY 0.44 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.