ZOY Home Furnishing Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2023
October 27, 2023 at 05:19 pm IST
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ZOY Home Furnishing Co.,Ltd reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 748.07 million compared to CNY 534.84 million a year ago. Revenue was CNY 748.07 million compared to CNY 534.84 million a year ago.
Net income was CNY 30.15 million compared to net loss of CNY 4.58 million a year ago. Basic earnings per share from continuing operations was CNY 0.31 compared to basic loss per share from continuing operations of CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.31 compared to diluted loss per share from continuing operations of CNY 0.05 a year ago.
ZOY HOME FURNISHING CO., LTD. is a China-based company which is principally engaged in research and development, design, manufacture and sales of motion sofas. The Companyâs products mainly include functional sofas, fixed sofas and single lounge chairs and others, such as manual function sofa, electric function sofa, armrest push back sofas, elderly chairs, household and commercial sofas and household and commercial single leisure chairs. The Companyâs sales strategy is mainly engaged in the original equipment manufacturer (OEM). The Company distributes its products to both domestic and overseas markets, including the United States, Canada, Britain, Japan, Australia, Ireland and other markets.