Der Future Science and Technology Holding Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 02:54 pm IST
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Der Future Science and Technology Holding Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 345.434 million compared to CNY 171.571 million a year ago. Operating income was CNY 3.993 million compared to operating loss of CNY 24.716 million a year ago. Net income was CNY 4.122 million compared to net loss of CNY 23.893 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to basic loss per share from continuing operations of CNY 0.04 a year ago.
Der Future Science and Technology Holding Group Co., Ltd., formerly Der International Home Furnishing Co., LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of wood floor products. The Company primarily provides consolidated composite floor products and solid wood composite floor products. The Company distributes its products under the brand name of DER. Its wood floor products are mainly applied in home furnishing, building floor and shop floor. The Company also provides customized wardrobes, density boards, and graphene preparation equipment, application products and testing services. The Company distributes its products within domestic markets, with East China as its major market.