Nanjing Olo Home Furnishing Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 04:30 pm IST
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Nanjing OLO Home Furnishing Co.,Ltd announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 925.095 million compared to CNY 745.683 million a year ago. Operating income was CNY 126.391 million compared to CNY 79.399 million a year ago. Net income was CNY 98.346 million compared to CNY 66.882 million a year ago. Basic earnings per share from continuing operations was CNY 0.431 compared to CNY 0.296 a year ago.
Nanjing OLO Home Furnishing Co., Ltd. is a China-based company principally engaged in the design, research and development, manufacturing and sales of custom furniture products, as well as the provision of related services. The Company's main products include the integrated kitchen cabinets, custom wardrobes and full house custom furniture. The integrated kitchen cabinets solutions include the provision of overall kitchen style design, kitchen space planning, kitchen cabinets and appliances, as well as other ancillary products and related installation services. The full house custom furniture solutions include the overall design and space layout planning of living rooms, bedroom, study rooms and activity rooms, the supporting furniture and peripheral products, as well as related installation services.