A-Zenith Home Furnishings Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 09:01 am
Share
A-Zenith Home Furnishings Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 177.533 million compared to CNY 271.866 million a year ago. Operating loss was CNY 35.115 million compared to CNY 47.569 million a year ago. Net loss was CNY 29.604 million compared to CNY 41.758 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to CNY 0.16 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.