Zhejiang Aokang Shoes Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 04:54 am EDT
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Zhejiang Aokang Shoes Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 843.630 million compared to CNY 439.043 million a year ago. Operating income was CNY 56.122 million compared to CNY 10.793 million a year ago. Net income was CNY 46.966 million compared to CNY 2.554 million a year ago. Basic earnings per share from continuing operations was CNY 0.1227 compared to CNY 0.0067 a year ago.
ZheJiang AoKang Shoes Co., Ltd. is a China-based company, principally engaged in the research and development, production, distribution and retailing of leather shoes and other leather products. The Company primarily provides business formal wear shoes, leisure shoes, leather suitcases and wallets, among others. The Company mainly distributes its products under the brand names, including AoKang, KANGLONG, and SKECHERS, among others. The Company distributes its products mainly within domestic markets and to overseas markets.