Zhejiang Langdi Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 03:58 am
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Zhejiang Langdi Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 627.898 million compared to CNY 837.021 million a year ago. Operating income was CNY 46.938 million compared to CNY 76.527 million a year ago. Net income was CNY 38.174 million compared to CNY 62.561 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.34 a year ago.
Zhejiang Langdi Group Co., Ltd. is principally engaged in the research and development, manufacture and sale of air-conditioning fan and fan products. The Company's major product is air-conditioning fan, which is mainly used in the air-conditioning system for both internal and external. Its products are divided into three categories according to operation model: backward-curved fans, axial-flow fans and forward-curved fans; and according to raw materials, divided into plastic fans and metal fans; according to purpose, divided into household air conditioning fans and commercial air conditioning fans. The Company's products are sold under the brand Langdi.
ZHEJIANG LANGDI GROUP CO., LTD. 
