Guangzhou Shangpin Home Collection Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 08:36 am
Share
Guangzhou Shangpin Home Collection Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 4,381.676 million compared to CNY 5,057.559 million a year ago. Operating income was CNY 76.908 million compared to CNY 408.957 million a year ago. Net income was CNY 57.704 million compared to CNY 335.172 million a year ago. Basic earnings per share from continuing operations was CNY 0.2904 compared to CNY 1.687 a year ago. Diluted earnings per share from continuing operations was CNY 0.2904 compared to CNY 1.4346 a year ago.
Guangzhou Shangpin Home Collection Co Ltd is a company mainly engaged in manufacturing and sales of furniture and provision of related services. The Company operates two segments. The Furniture Manufacturing and Sales segment provides clients with the production and services of customized furniture products. The segment provides full-roof custom furniture products and supporting furniture products, such as sofa coffee table combinations, dining tables and chairs. The Research, Development, Production and Sales of Software segment is involved in providing customized furniture-related software, including Liangchibao, Zhangshang Puzhuanwang and customized furniture production separate orders system.