Dare Power Dekor Home Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
Published on 03/25/2021 at 06:01
Share
Dare Power Dekor Home Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 7,264.129 million compared to CNY 7,298.011 million a year ago. Operating income was CNY 744.593 million compared to CNY 859.609 million a year ago. Net income was CNY 625.544 million compared to CNY 719.607 million a year ago. Basic earnings per share from continuing operations was CNY 1.14 compared to CNY 1.3 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.
