Der Future Science and Technology Holding Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 30, 2019 at 04:23 pm IST
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Der Future Science and Technology Holding Group Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,318.056 million compared to CNY 1,274.318 million a year ago. Operating income was CNY 111.928 million compared to CNY 163.412 million a year ago. Net income was CNY 89.975 million compared to CNY 126.642 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.19 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.