Profit Cultural and Creative Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:03 am EDT
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Profit Cultural and Creative Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 223.17 million compared to CNY 165.63 million a year ago. Revenue was CNY 223.17 million compared to CNY 165.63 million a year ago. Net income was CNY 8.26 million compared to CNY 8.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.0288 compared to CNY 0.0373 a year ago. Diluted earnings per share from continuing operations was CNY 0.0288 compared to CNY 0.0373 a year ago.
Profit Cultural and Creative Group Co Ltd is a company engaged in research, development and sales of cultural and creative furniture supplies. The Company's products are comprised of creative decorations, casual daily necessities and fashionable small furniture. The creative decoration products include festival decorations, daily decorations and garden decorations. The casual daily necessities products mainly include casual bags and casual shoes. The Companyâs products are manufactured by its commissioned factories based on original equipment manufacturer (OEM) model. The Company sells its products to both domestic and international markets, including Asia, Europe, America, Africa and Oceania.