Ching Feng Home Fashions Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 05:00 pm EST
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Ching Feng Home Fashions Co.,Ltd announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,447.734 million compared to TWD 1,241.679 million a year ago. Operating income was TWD 108.605 million compared to TWD 82.026 million a year ago. Net income was TWD 73.753 million compared to TWD 64.028 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 0.41 a year ago. For the nine months, sales was TWD 4,148.278 million compared to TWD 3,280.529 million a year ago. Operating income was TWD 326.540 million compared to TWD 237.325 million a year ago. Net income was TWD 227.578 million compared to TWD 178.727 million a year ago. Basic earnings per share was TWD 1.34 compared to TWD 1.16 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.