A-Zenith Home Furnishings Co., Ltd. Provides Earning Guidance for the Year 2019
January 20, 2020
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A-Zenith Home Furnishings Co., Ltd. provided earning guidance for the year 2019. For the year, the company predicts a loss in its the net profit belonging to shareholders of the listed company in 2019, with the net profit belonging to shareholders of the listed company to be between RMB-110 million and RMB-130 compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB-120 million and RMB-140 million.
A-Zenith Home Furnishings Co Ltd is a China-based company mainly engaged in the production and sales of furniture products. The Company is mainly engaged in the research and development, production and sales of mid-to-high-end Shanghai-style classic and Shanghai-style modern furniture products. The Company's main products include A-Zenith, AZ 1865, AZ Maxform and WOODFORM brand series of movable furniture, Yazhen Customization whole-house customized home solutions integrating Yazhen brand movable furniture, as well as AZ HOME home supporting products. The Company's home products series include cabinets, bed sets, tables, chair frames and sofas. The Company mainly conducts its businesses in the domestic market.