Zoy Home Furnishing Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 03:11 pm EDT
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Zoy Home Furnishing Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,069.711 million compared to CNY 888.065 million a year ago. Operating income was CNY 42.932 million compared to CNY 94.992 million a year ago. Net income was CNY 33.708 million compared to CNY 83.774 million a year ago. Basic earnings per share from continuing operations was CNY 0.42 compared to CNY 1.09 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.
ZOY HOME FURNISHING CO.,LTD 
