Zhejiang Meida Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 15, 2021 at 03:44 am
Share
Zhejiang Meida Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 368.511 million compared to CNY 111.923 million a year ago. Operating income was CNY 117.633 million compared to CNY 24.568 million a year ago. Net income was CNY 100.529 million compared to CNY 20.318 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.03 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. 
