A-Zenith Home Furnishings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 12:41 am IST
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A-Zenith Home Furnishings Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 372.359 million compared to CNY 417.071 million a year ago. Operating loss was CNY 133.493 million compared to CNY 93.167 million a year ago. Net loss was CNY 124.516 million compared to CNY 86.108 million a year ago. Basic loss per share from continuing operations was CNY 0.47 compared to CNY 0.39 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.