Luolai Lifestyle Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 22, 2021 at 03:12 pm IST
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Luolai Lifestyle Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 3,998.58 million compared to CNY 3,257.1 million a year ago. Revenue was CNY 3,998.58 million compared to CNY 3,257.1 million a year ago. Net income was CNY 490.97 million compared to CNY 362.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.593 compared to CNY 0.4372 a year ago. Diluted earnings per share from continuing operations was CNY 0.5928 compared to CNY 0.4358 a year ago.
LUOLAI LIFESTYLE TECHNOLOGY CO., LTD., formerly LUOLAI HOME TEXTILE CO., LTD., is a China-based company, principally engaged in the production and distribution of home textile products. The Company provides suite series, quilt series, pillow series, summer products series and other accessories, among others. The Company distributes its products under brand names of LUOLAI, SHERIDAN and SAINT MARC, among others. Through its subsidiaries, the Company is also engaged in the investment information consulting, the project investment and management, as well as the import and export of goods and technologies. The Company distributes its products in domestic markets and overseas markets.
LUOLAI LIFESTYLE TECHNOLOGY CO., LTD. 
