Dehua Tb New Decoration Material Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 17, 2021 at 08:23 am EDT
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DeHua TB New Decoration Material Co.,Ltd announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 3,829.686 million compared to CNY 1,962.290 million a year ago. Operating income was CNY 414.754 million compared to CNY 63.471 million a year ago. Net income was CNY 313.723 million compared to CNY 42.820 million a year ago. Basic earnings per share from continuing operations was CNY 0.42 compared to CNY 0.06 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.