Nanjing Olo Home Furnishing Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 19, 2021 at 08:55 am EDT
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Nanjing OLO Home Furnishing Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 281.439 million compared to CNY 194.983 million a year ago. Operating income was CNY 12.841 million compared to CNY 1.672 million a year ago. Net income was CNY 11.646 million compared to CNY 2.085 million a year ago. Basic earnings per share from continuing operations was CNY 0.0364 compared to CNY 0.0066 a year ago.
Nanjing OLO Home Furnishing Co., Ltd. is a China-based company principally engaged in the design, research and development, manufacturing and sales of custom furniture products, as well as the provision of related services. The Company's main products include the integrated kitchen cabinets, custom wardrobes and full house custom furniture. The integrated kitchen cabinets solutions include the provision of overall kitchen style design, kitchen space planning, kitchen cabinets and appliances, as well as other ancillary products and related installation services. The full house custom furniture solutions include the overall design and space layout planning of living rooms, bedroom, study rooms and activity rooms, the supporting furniture and peripheral products, as well as related installation services.
NANJING OLO HOME FURNISHING CO.,LTD 
