Dare Power Dekor Home Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
Published on 04/27/2022 at 04:02
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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 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.
