Markor International Home Furnishings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 04:09 pm
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Markor International Home Furnishings Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,004.05 million compared to CNY 1,175.18 million a year ago. Revenue was CNY 1,004.05 million compared to CNY 1,175.18 million a year ago. Net loss was CNY 99.33 million compared to net income of CNY 75.03 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to basic earnings per share from continuing operations of CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to diluted earnings per share from continuing operations of CNY 0.05 a year ago.
Markor International Home Furnishings Co., Ltd. is a China-based company, principally engaged in the production and sales of furniture and home improvement products. The Company distributes its products under five brand names, including Markor Furnishings, A.R.T., YVVY, Zest and Rehome. Its products include dinner tables and chairs, cabinets, sofas, tea tables and room set products. The Company distributes its products within domestic market and to overseas markets.