Dare Power Dekor Home Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 04:02 am EDT
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Dare Power Dekor Home Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,322.92 million compared to CNY 1,409.82 million a year ago. Revenue was CNY 1,322.92 million compared to CNY 1,409.82 million a year ago. Net loss was CNY 21.93 million compared to net income of CNY 71.03 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.13 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to diluted earnings per share from continuing operations of CNY 0.13 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.