Zhejiang Meida Industrial Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 03:37 pm IST
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Zhejiang Meida Industrial Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 646.200 million compared to CNY 704.354 million a year ago. Operating income was CNY 199.400 million compared to CNY 210.234 million a year ago. Net income was CNY 170.477 million compared to CNY 182.300 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.28 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.
ZHEJIANG MEIDA INDUSTRIAL CO., LTD. 
