Zoy Home Furnishing Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 11:53 am
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Zoy Home Furnishing Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 759.793 million compared to CNY 630.436 million a year ago. Operating income was CNY 58.661 million compared to CNY 56.874 million a year ago. Net income was CNY 47.038 million compared to CNY 48.763 million a year ago. Basic earnings per share from continuing operations was CNY 0.59 compared to CNY 0.65 a year ago.
ZOY HOME FURNISHING CO., LTD. is a China-based company which is principally engaged in research and development, design, manufacture and sales of motion sofas. The Companyâs products mainly include functional sofas, fixed sofas and single lounge chairs and others, such as manual function sofa, electric function sofa, armrest push back sofas, elderly chairs, household and commercial sofas and household and commercial single leisure chairs. The Companyâs sales strategy is mainly engaged in the original equipment manufacturer (OEM). The Company distributes its products to both domestic and overseas markets, including the United States, Canada, Britain, Japan, Australia, Ireland and other markets.