Zhejiang Langdi Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 26, 2021 at 04:01 am EDT
Share
Zhejiang Langdi Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,401.197 million compared to CNY 1,593.047 million a year ago. Operating income was CNY 138.731 million compared to CNY 125.532 million a year ago. Net income was CNY 111.492 million compared to CNY 105.526 million a year ago. Basic earnings per share from continuing operations was CNY 0.6 compared to CNY 0.57 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.