Yindu Kitchen Equipment Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 03:26 pm IST
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Yindu Kitchen Equipment Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 669.638 million compared to CNY 818.303 million a year ago. Operating income was CNY 149.546 million compared to CNY 176.465 million a year ago. Net income was CNY 119.240 million compared to CNY 149.848 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.37 a year ago.
Yindu Kitchen Equipment Co Ltd is a company engaged in research and development, production and sales of commercial catering equipment and provision of related services. The Company's products are comprised of commercial catering refrigeration equipment, buffet equipment and western kitchen equipment, which are used in a range of restaurant operations, such as dinners, fast foods and snacks. The Company also provides repair parts services. It sells its products to both domestic and international markets, including the United States, the United Kingdom, Germany, France and Italy.