Ching Feng Home Fashions Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 01:36 pm EDT
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Ching Feng Home Fashions Co.,Ltd announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,598.027 million compared to TWD 1,223.623 million a year ago. Operating income was TWD 134.758 million compared to TWD 94.492 million a year ago. Net income was TWD 95.857 million compared to TWD 85.186 million a year ago. Basic earnings per share was TWD 0.57 compared to TWD 0.56 a year ago. Diluted earnings per share was TWD 0.57 compared to TWD 0 a year ago. Diluted earnings per share from continuing operations was TWD 0.57 compared to TWD 0 a year ago. For the half year, sales was TWD 2,700.544 million compared to TWD 2,038.850 million a year ago. Operating income was TWD 217.935 million compared to TWD 155.299 million a year ago. Net income was TWD 153.825 million compared to TWD 114.699 million a year ago. Basic earnings per share was TWD 0.91 compared to TWD 0.75 a year ago. Diluted earnings per share was TWD 0.91 compared to TWD 0 a year ago. Diluted earnings per share from continuing operations was TWD 0.91 compared to TWD 0 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.