Nanjing Olo Home Furnishing Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 11, 2020 at 05:10 am EDT
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Nanjing OLO Home Furnishing Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 538.263 million compared to CNY 526.219 million a year ago. Operating income was CNY 58.456 million compared to CNY 59.106 million a year ago. Net income was CNY 47.357 million compared to CNY 45.624 million a year ago. Basic earnings per share from continuing operations was CNY 0.1496 compared to CNY 0.1429 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.