Suofeiya Home Collection Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 11, 2022 at 08:01 am EDT
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Suofeiya Home Collection Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 10,343.15 million compared to CNY 8,316.72 million a year ago. Revenue was CNY 10,407.09 million compared to CNY 8,352.83 million a year ago. Net income was CNY 122.58 million compared to CNY 1,192.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 1.31 a year ago. Diluted earnings per share from continuing operations was CNY 0.13 compared to CNY 1.31 a year ago.
Suofeiya Home Collection Co., Ltd. specialized in the design, manufacture and marketing of custom cabinets and furniture under the Suofeiya brand. In addition, the group manufactures kitchen furniture under the Schmidt brand, wooden doors and windows under the Milanna brand, and laminated wood flooring.
At the end of 2018, Suofeiya Home Collection had 7 production sites in China.
Products are marketed through a network of more than 3,800 stores located in China.
China accounts for 95.5% of net sales.