Dare Power Dekor Home Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
Published on 04/27/2021 at 04:05
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Dare Power Dekor Home Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,409.821 million compared to CNY 754.882 million a year ago. Operating income was CNY 86.535 million compared to operating loss of CNY 53.826 million a year ago. Net income was CNY 71.025 million compared to net loss of CNY 55.528 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to basic loss per share from continuing operations of CNY 0.1 a year ago.
Dare Power Dekor Home Co Ltd is a China-based company mainly engaged in the production and sales of artificial boards and floors. The main products of the floor business include laminate floors, three-layer solid wood floors, multi-layer solid wood floors, solid wood floors, stone plastic composite floors (SPC) and wood plastic composite floors (WPC). Its floors are mainly used for decoration and decoration of residences, hotels, office buildings, sports venues. The main products of the artificial board business are medium and high density fiberboards and particle boards. Artificial boards are mainly used for floor substrates, furniture boards, cabinet boards, door panels, decoration boards, packaging boards, electronic circuit boards, and can also be used in other industries such as audio production and train interior decoration. The Company mainly distributes its products within domestic market.
