Suzhou Kingswood Education Technology Co., Ltd. Reports Earnings Results for the First quarter Ended March 31, 2021
April 27, 2021 at 08:48 am EDT
Share
Suzhou Kingswood Education Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 213.410 million compared to CNY 170.862 million a year ago. Operating income was CNY 42.622 million compared to CNY 47.449 million a year ago. Net income was CNY 31.840 million compared to CNY 21.684 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.0894 a year ago.
Suzhou Kingswood Education Technology Co Ltd, formerly Suzhou Kingswood Printing Ink Co Ltd, is a China-based company principally engaged in the research, development, production and sale of printing offset inks. The Company's main products include high-gloss offset inks, high-wear offset inks, quick-drying high-gloss offset inks and other offset inks. The Company owns brand names of Dongwu Inks and Kingswood. The Company's products are mainly used in food, electronics, cosmetics and chemical industries. The Company distributes its products in domestic market and to overseas markets, such as the United States, Europe and India.