Zhejiang Supor Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 27, 2023 at 11:30 am
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Zhejiang Supor Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 4,962.68 million compared to CNY 5,611.56 million a year ago. Revenue was CNY 4,962.68 million compared to CNY 5,611.56 million a year ago.
Net income was CNY 437.91 million compared to CNY 538.18 million a year ago. Basic earnings per share from continuing operations was CNY 0.545 compared to CNY 0.666 a year ago. Diluted earnings per share from continuing operations was CNY 0.544 compared to CNY 0.666 a year ago.
Zhejiang Supor Co, Ltd. is the second largest cooker manufacturer in the world and China's leading manufacturer of small household appliances. Products include induction hobs, hoods, gas cookers, steam ovens, pressure cookers, steam cookers, milk machines, juice extractors, woks, frying pans, pots, kettles, thermos flasks, spatulas, crisper pans, knives, slow cookers, air purifiers, irons, dust cleaners, etc.
At the end of 2018, the group operates 5 production sites in China.