DeHua TB New Decoration Material Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:32 am EDT
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DeHua TB New Decoration Material Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,626.56 million compared to CNY 1,367.23 million a year ago. Revenue was CNY 1,626.56 million compared to CNY 1,367.23 million a year ago. Net income was CNY 94.9 million compared to CNY 102.83 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.13 compared to CNY 0.13 a year ago.
DEHUA TB NEW DECORATION MATERIAL CO.,LTD is a China-based company principally engaged in the research, development, manufacture and distribution of decoration materials. The Company mainly operates through three business segments. Decoration Material segment is mainly engaged in the production and sale decorative plates, paint, wall coatings, wallpaper, decoration hardware, veneer and adhesive products. Home Furnishing segment is mainly engaged in the production and sale of customized household products, such as floor boards, wardrobes, wooden doors and integrated wall panels. Internet Business segment is mainly engaged in electronic commerce agency operation, as well as Internet value-added services and electronic commerce business. The Company is also involved in engineered wood business, adhesive business and exporting business.
DEHUA TB NEW DECORATION MATERIAL CO.,LTD 
