A-Zenith Home Furnishings Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 13, 2020 at 08:51 am
Share
A-Zenith Home Furnishings Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 100.327 million compared to CNY 172.390 million a year ago. Operating loss was CNY 21.257 million compared to CNY 34.148 million a year ago. Net loss was CNY 18.214 million compared to CNY 30.488 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to CNY 0.12 a year ago.
A-Zenith Home Furnishings Co Ltd is a China-based company mainly engaged in the production and sales of furniture products. The Company is mainly engaged in the research and development, production and sales of mid-to-high-end Shanghai-style classic and Shanghai-style modern furniture products. The Company's main products include A-Zenith, AZ 1865, AZ Maxform and WOODFORM brand series of movable furniture, Yazhen Customization whole-house customized home solutions integrating Yazhen brand movable furniture, as well as AZ HOME home supporting products. The Company's home products series include cabinets, bed sets, tables, chair frames and sofas. The Company mainly conducts its businesses in the domestic market.