Qu Mei Home Furnishings Group Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 29, 2020 at 11:41 pm IST
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Qu Mei Home Furnishings Group Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 4,279.355 million compared to CNY 2,891.634 million a year ago. Operating income was CNY 107.082 million compared to operating loss of CNY 44.186 million a year ago. Net income was CNY 82.155 million compared to net loss of CNY 59.064 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to basic loss per share from continuing operations of CNY 0.12 a year ago.
QuMei Home Furnishings Group Co., Ltd. is a China-based company engaged in the design, manufacture and sale of medium and high grade home furnishing and matching home accessories. The Company provides the customers with integrated home solutions. The Company's main product is wooden furniture, which consist of solid wood furniture, man-made board furniture and integrated furniture. Addition to the main furniture for the living room, study, bedroom, diner room, childrenâs room and customized purpose, the Company also provides mattress, curtains and other home accessories.