Dare Power Dekor Home Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 04:05 am EDT
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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., 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.