Guangdong Topstrong Living Innovation and Integration Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 05:47 am EDT
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Guangdong Topstrong Living Innovation and Integration Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,283.27 million compared to CNY 860.5 million a year ago. Revenue was CNY 1,298.28 million compared to CNY 872.39 million a year ago. Net loss was CNY 84.83 million compared to net income of CNY 21.74 million a year ago. Basic loss per share from continuing operations was CNY 0.41 compared to basic earnings per share from continuing operations of CNY 0.11 a year ago. Diluted loss per share from continuing operations was CNY 0.41 compared to diluted earnings per share from continuing operations of CNY 0.11 a year ago.
GuangDong Topstrong Living Innovation & Integration Co., Ltd is a China-based company principally engaged in the research, development, manufacture and sales of smart home products, such as custom closets and matching furniture, boutique hardware and custom eco doors. Its custom closets and matching furniture include regular wardrobes, smart wardrobes, walk-in closets, bookcases and television cabinets. Its boutique hardware includes intelligent hardware products (including smart locks and smart washing machines) and traditional functional hardware products (including locks, sliding hardware, furniture hardware, door control hardware and bathroom hardware). Its custom eco doors mainly include energy-saving and environmental-friendly metal composite doors. The Company mainly distributes its products in domestic market.