Luolai Lifestyle Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 08:51 am EDT
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Luolai Lifestyle Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 3,257.097 million compared to CNY 3,395.212 million a year ago. Operating income was CNY 437.416 million compared to CNY 401.529 million a year ago. Net income was CNY 362.236 million compared to CNY 358.231 million a year ago. Basic earnings per share from continuing operations was CNY 0.4372 compared to CNY 0.4335 a year ago. Diluted earnings per share from continuing operations was CNY 0.4358 compared to CNY 0.4307 a year ago.
LUOLAI LIFESTYLE TECHNOLOGY CO., LTD., formerly LUOLAI HOME TEXTILE CO., LTD., is a China-based company, principally engaged in the production and distribution of home textile products. The Company provides suite series, quilt series, pillow series, summer products series and other accessories, among others. The Company distributes its products under brand names of LUOLAI, SHERIDAN and SAINT MARC, among others. Through its subsidiaries, the Company is also engaged in the investment information consulting, the project investment and management, as well as the import and export of goods and technologies. The Company distributes its products in domestic markets and overseas markets.
LUOLAI LIFESTYLE TECHNOLOGY CO., LTD. 
