Yindu Kitchen Equipment Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 10:07 am
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Yindu Kitchen Equipment Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 469.050 million compared to CNY 318.375 million a year ago. Operating income was CNY 101.344 million compared to CNY 58.871 million a year ago. Net income was CNY 86.520 million compared to CNY 48.666 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.12 a year ago.
Yindu Kitchen Equipment Co Ltd is a company engaged in research and development, production and sales of commercial catering equipment and provision of related services. The Company's products are comprised of commercial catering refrigeration equipment, buffet equipment and western kitchen equipment, which are used in a range of restaurant operations, such as dinners, fast foods and snacks. The Company also provides repair parts services. It sells its products to both domestic and international markets, including the United States, the United Kingdom, Germany, France and Italy.