Anhui Korrun Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 08:39 am EDT
Share
Anhui Korrun Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 611.76 million compared to CNY 451.28 million a year ago. Revenue was CNY 611.76 million compared to CNY 451.28 million a year ago. Net income was CNY 46.51 million compared to CNY 45.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.19 a year ago. Diluted earnings per share from continuing operations was CNY 0.19 compared to CNY 0.19 a year ago.
Anhui Korrun Co., Ltd. is a China-based company principally engaged in the research, development, design, manufacture and sales of travel products such as luggage, shoes and related accessories. The Companyâs products mainly include business bags, outdoor leisure bags, protective covers for tablets and mobile phones. The Company has two kinds of business modes. One is original design manufacturer (ODM) and original equipment manufacturer (OEM) and the other one is proprietary brand business. Its proprietary brand includes Guildford and 90 points. Its ODM and OEM modes mainly provide products to Lenovo, Decathlon, ASUS and Samsonite. The Company operates its business in domestic market and overseas markets.