Der Future Science and Technology Holding Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 15, 2021 at 08:24 am EDT
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Der Future Science and Technology Holding Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,568.231 million compared to CNY 1,797.629 million a year ago. Operating loss was CNY 37.638 million compared to operating Income of CNY 116.298 million a year ago. Net loss was CNY 26.975 million compared to net income of CNY 79.689 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 0.12 a year ago.
Der Future Science and Technology Holding Group Co., Ltd., formerly Der International Home Furnishing Co., LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of wood floor products. The Company primarily provides consolidated composite floor products and solid wood composite floor products. The Company distributes its products under the brand name of DER. Its wood floor products are mainly applied in home furnishing, building floor and shop floor. The Company also provides customized wardrobes, density boards, and graphene preparation equipment, application products and testing services. The Company distributes its products within domestic markets, with East China as its major market.
DER FUTURE SCIENCE AND TECHNOLOGY HOLDING GROUP CO., LTD. 
