Zoy Home Furnishing Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 05:43 am EDT
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ZOY Home Furnishing Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 498.653 million compared to CNY 488.727 million a year ago. Operating income was CNY 24.421 million compared to CNY 43.953 million a year ago. Net income was CNY 21.046 million compared to CNY 35.812 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.45 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.