A-Zenith Home Furnishings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 06:52 am EDT
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A-Zenith Home Furnishings Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 275.96 million compared to CNY 311.92 million a year ago. Net loss was CNY 66.83 million compared to net income of CNY 16.71 million a year ago. Basic loss per share from continuing operations was CNY 0.25 compared to basic earnings per share from continuing operations of CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.25 compared to diluted earnings per share from continuing operations of CNY 0.06 a year ago.
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.