Profit Cultural and Creative Group Co., Ltd. Reports Earnings Results for the Fourth Quarter Ended March 31, 2021
April 26, 2021 at 08:56 pm IST
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Profit Cultural and Creative Group Co., Ltd. announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced sales was CNY 165.634 million compared to CNY 121.204 million a year ago. Operating income was CNY 9.127 million compared to CNY 15.390 million a year ago. Net income was CNY 8.239 million compared to CNY 13.337 million a year ago. Basic earnings per share from continuing operations was CNY 0.0373 compared to CNY 0.0604 a year ago. For the full year, sales was CNY 560.296 million compared to CNY 616.132 million a year ago. Operating income was CNY 42.404 million compared to CNY 50.696 million a year ago. Net income was CNY 39.005 million compared to CNY 44.900 million a year ago. Basic earnings per share from continuing operations was CNY 0.1765 compared to CNY 0.2049 a year ago. Diluted earnings per share from continuing operations was CNY 0.1765 compared to CNY 0.2089 a year ago.
Profit Cultural and Creative Group Co Ltd is a company engaged in research, development and sales of cultural and creative furniture supplies. The Company's products are comprised of creative decorations, casual daily necessities and fashionable small furniture. The creative decoration products include festival decorations, daily decorations and garden decorations. The casual daily necessities products mainly include casual bags and casual shoes. The Companyâs products are manufactured by its commissioned factories based on original equipment manufacturer (OEM) model. The Company sells its products to both domestic and international markets, including Asia, Europe, America, Africa and Oceania.
PROFIT CULTURAL AND CREATIVE GROUP CO., LTD. 
