Zhejiang Aokang Shoes Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:33 am EDT
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Zhejiang Aokang Shoes Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,564.661 million compared to CNY 1,972.822 million a year ago. Operating income was CNY 30.454 million compared to CNY 135.147 million a year ago. Net income was CNY 9.309 million compared to CNY 105.932 million a year ago. Basic earnings per share from continuing operations was CNY 0.0243 compared to CNY 0.272 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.