Tsannkuen China Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 27, 2020 at 08:02 am
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TsannKuen China Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was CNY 693.486 million compared to CNY 567.950 million a year ago. Operating income was CNY 85.756 million compared to CNY 55.357 million a year ago. Net income was CNY 54.549 million compared to CNY 34.915 million a year ago. Basic earnings per share was CNY 0.3 compared to CNY 0.18 a year ago. For the nine months, total revenue was CNY 1,486.500 million compared to CNY 1,497.398 million a year ago. Operating income was CNY 143.077 million compared to CNY 145.717 million a year ago. Net income was CNY 93.769 million compared to CNY 82.208 million a year ago. Basic earnings per share was CNY 0.51 compared to CNY 0.44 a year ago.
TSANN KUEN (CHINA) ENTERPRISE CO., LTD. is a China based company principally engaged in the production and sales of small home appliances. The Company's main products include gourmet cooking series, home helper series, tea and coffee series and other products. The Company distributes its products in the domestic market and to overseas markets, and mainly for export.