Jason Furniture Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 10:23 pm IST
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Jason Furniture (Hangzhou) Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 3,781.962 million compared to CNY 2,287.724 million a year ago. Operating income was CNY 434.137 million compared to CNY 286.530 million a year ago. Net income was CNY 385.051 million compared to CNY 306.628 million a year ago. Basic earnings per share from continuing operations was CNY 0.62 compared to CNY 0.52 a year ago. Diluted earnings per share from continuing operations was CNY 0.61 compared to CNY 0.52 a year ago.
Jason Furniture (Hangzhou) Co., Ltd. is a China-based company and mainly engaged in research and development, design, manufacture and sales of soft furniture products used in sitting room and bedroom. The main products of the company include sofa, soft bed, dining chair, mattress and matching products. The Company distributes its products in domestic and to overseas markets.