Ching Feng Home Fashions Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 03:51 pm EST
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Ching Feng Home Fashions Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,332.24 million compared to TWD 1,165.55 million a year ago. Net income was TWD 103.79 million compared to net loss of TWD 44.4 million a year ago. Basic earnings per share from continuing operations was TWD 0.6049 compared to basic loss per share from continuing operations of TWD 0.2537 a year ago. Diluted earnings per share from continuing operations was TWD 0.5951.
For the nine months, sales was TWD 4,077.57 million compared to TWD 3,642.49 million a year ago. Net income was TWD 188.89 million compared to TWD 66.24 million a year ago. Basic earnings per share from continuing operations was TWD 1.0927 compared to TWD 0.3805 a year ago. Diluted earnings per share from continuing operations was TWD 1.0927 compared to TWD 0.3805 a year ago.
CHING FENG HOME FASHIONS CO., LTD is a Taiwan-based company principally engaged in the development, production and distribution of curtains, home decoration products and plastic products. The Company provides desk decoration products, including desk cloth and cushions; bed sets, including bed sheets, bedspreads and pillows, among others; bathroom products, including baskets, shower curtains and other products; curtains, such as Roman curtains; louvers, including ordinary louvers, vertical louvers and artificial wood louvers, among others, as well as plastic construction materials. The Company mainly distributes its products primarily in the Americas and Europe, as well as in domestic market and other markets.