Zhejiang Meida Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 15, 2020 at 09:18 am
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Zhejiang Meida Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,684.475 million compared to CNY 1,400.899 million a year ago. Operating income was CNY 534.758 million compared to CNY 445.604 million a year ago. Net income was CNY 460.012 million compared to CNY 377.525 million a year ago. Basic earnings per share from continuing operations was CNY 0.71 compared to CNY 0.59 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. 
