Dare Power Dekor Home Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 25, 2019 at 02:03 pm EDT
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Dare Power Dekor Home Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 1,413.103 million compared to CNY 1,397.986 million a year ago. Operating income was CNY 86.421 million compared to CNY 81.413 million a year ago. Net income was CNY 63.076 million compared to CNY 57.503 million a year ago. Basic earnings per share from continuing operations was CNY 0.114 compared to CNY 0.104 a year ago.
Dare Power Dekor Home Co.,Ltd., formerly Dare Technology Co., Ltd, is a China-based company principally engaged in the manufacture and sales of wood-based panels and floor boards. The Company's main products include high-density fiberboards, particleboards, laminate floor boards, three-layer solid wood floor boards, multi-layer solid wood floor boards and others. The Company's products are mainly applied in flooring substrate, furniture board, cabinet board, door panel, decoration plate, packaging board, electronic circuit board, heel board, audio equipment and indoor and train interior decoration. The Company distributes its products in domestic market and to overseas markets.