Zhejiang Meida Industrial Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 19, 2019 at 11:22 pm IST
Share
Zhejiang Meida Industrial Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 704.354 million compared to CNY 562.396 million a year ago. Operating income was CNY 210.234 million compared to CNY 171.392 million a year ago. Net income was CNY 182.300 million compared to CNY 145.795 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.23 a year ago.
Zhejiang Meida Industrial Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sale of integrated stove products. The Company's main products are the integrated stoves under the brand name of Meida, which combines fumes exhausting, cooking, steaming and disinfection and other functions in one. The Company's products are mainly used in home kitchens and the cooking places of apartments, armies, schools and hospitals. The Company distributes its products in domestic market.