Guangxi Fenglin Wood Industry Group Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:24 am EDT
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Guangxi Fenglin Wood Industry Group Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,476.58 million compared to CNY 1,229.76 million a year ago. Revenue was CNY 1,476.58 million compared to CNY 1,229.76 million a year ago. Net income was CNY 101.22 million compared to CNY 107.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.09 a year ago.
Guangxi Fenglin Wood Industry Group Co., Ltd is a China-based company, principally engaged in the manufacture and sales of artificial boards. Its artificial boards mainly include fiber boards, plywood and shaving boards. The Company's fiber boards are mainly applied in furniture, wood floor buildings, decorations, middle and high cars and ship fitments, handicraft products, high grade loudspeaker boxes, instruments and electronics, among others. Its shaving boards are applied in furniture manufacture, interior finishing and architectural ornament. The Company is also engaged in forest management and restoration business, including growing trees planting, stock growing, as well as woods and stocks distribution.