DeHua TB New Decoration Material Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:42 am EDT
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DeHua TB New Decoration Material Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 6,315.77 million compared to CNY 3,839.59 million a year ago. Revenue was CNY 6,315.77 million compared to CNY 3,839.59 million a year ago. Net income was CNY 523.46 million compared to CNY 192.99 million a year ago. Basic earnings per share from continuing operations was CNY 0.72 compared to CNY 0.26 a year ago. Diluted earnings per share from continuing operations was CNY 0.72 compared to CNY 0.26 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.