Ching Feng Home Fashions Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 14, 2018 at 12:53 am IST
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Ching Feng Home Fashions Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 1,241.679 million compared to TWD 1,188.851 million a year ago. Operating income was TWD 82.026 million compared to TWD 93.127 million a year ago. Net income was TWD 64.028 million compared to TWD 63.561 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.41 a year ago.
For the nine months, sales was TWD 3,280.529 million compared to TWD 3,133.415 million a year ago. Operating income was TWD 237.325 million compared to TWD 227.255 million a year ago. Net income was TWD 178.727 million compared to TWD 141.153 million a year ago. Basic earnings per share was TWD 1.16 compared to TWD 0.92 a year ago.
CHING FENG HOME FASHIONS CO., LTD is a Taiwan-based company principally engaged in the development, production and distribution of curtains, home decoration products and plastic products. The Company provides desk decoration products, including desk cloth and cushions; bed sets, including bed sheets, bedspreads and pillows, among others; bathroom products, including baskets, shower curtains and other products; curtains, such as Roman curtains; louvers, including ordinary louvers, vertical louvers and artificial wood louvers, among others, as well as plastic construction materials. The Company mainly distributes its products primarily in the Americas and Europe, as well as in domestic market and other markets.