Zhejiang Langdi Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 03:45 am EDT
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Zhejiang Langdi Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 386.6 million compared to CNY 406.16 million a year ago. Revenue was CNY 386.6 million compared to CNY 406.16 million a year ago. Net income was CNY 21.77 million compared to CNY 38.39 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.21 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.21 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.