Dare Power Dekor Home Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 09:21 am EDT
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Dare Power Dekor Home Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 754.882 million compared to CNY 1,413.103 million a year ago. Operating loss was CNY 53.826 million compared to operating Income of CNY 86.421 million a year ago. Net loss was CNY 55.528 million compared to net income of CNY 63.076 million a year ago. Basic loss per share from continuing operations was CNY 0.1 compared to basic earnings per share from continuing operations of CNY 0.114 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.
DARE POWER DEKOR HOME CO.,LTD. 
