Guangdong Topstrong Living Innovation and Integration Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 04:32 pm IST
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Guangdong Topstrong Living Innovation and Integration Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 48.230 million compared to CNY 104.759 million a year ago. Operating loss was CNY 24.587 million compared to CNY 261,264.42 a year ago. Net loss was CNY 24.777 million compared to CNY 633,275.78 a year ago. Basic loss per share from continuing operations was CNY 0.1208 compared to CNY 0.0031 a year ago.
GuangDong Topstrong Living Innovation & Integration Co., Ltd is a China-based company principally engaged in the research, development, manufacture and sales of smart home products, such as custom closets and matching furniture, boutique hardware and custom eco doors. Its custom closets and matching furniture include regular wardrobes, smart wardrobes, walk-in closets, bookcases and television cabinets. Its boutique hardware includes intelligent hardware products (including smart locks and smart washing machines) and traditional functional hardware products (including locks, sliding hardware, furniture hardware, door control hardware and bathroom hardware). Its custom eco doors mainly include energy-saving and environmental-friendly metal composite doors. The Company mainly distributes its products in domestic market.