Nanjing OLO Home Furnishing Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 10:30 pm
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Nanjing OLO Home Furnishing Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 318.68 million compared to CNY 281.44 million a year ago. Revenue was CNY 318.68 million compared to CNY 281.44 million a year ago. Net income was CNY 13.47 million compared to CNY 11.65 million a year ago. Basic earnings per share from continuing operations was CNY 0.0418 compared to CNY 0.0364 a year ago. Diluted earnings per share from continuing operations was CNY 0.0418 compared to CNY 0.0364 a year ago.
Nanjing OLO Home Furnishing Co., Ltd. is a China-based company principally engaged in the design, research and development, manufacturing and sales of custom furniture products, as well as the provision of related services. The Company's main products include the integrated kitchen cabinets, custom wardrobes and full house custom furniture. The integrated kitchen cabinets solutions include the provision of overall kitchen style design, kitchen space planning, kitchen cabinets and appliances, as well as other ancillary products and related installation services. The full house custom furniture solutions include the overall design and space layout planning of living rooms, bedroom, study rooms and activity rooms, the supporting furniture and peripheral products, as well as related installation services.