Xilinmen Furniture Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 21, 2021 at 03:57 am EDT
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Xilinmen Furniture Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,250.177 million compared to CNY 724.693 million a year ago. Operating income was CNY 106.853 million compared to operating loss of CNY 66.323 million a year ago. Net income was CNY 84.486 million compared to net loss of CNY 54.316 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to basic loss per share from continuing operations of CNY 0.14 a year ago.
Xilinmen Furniture Co., Ltd is principally engaged in the design, research, development, production and distribution of furniture products. The Company's major businesses include civil furniture business, hotel furniture business and movie and television (TV) culture business. Civil furniture business is involved in the sale of mattresses, soft beds and other bedroom furniture. The Company operates its hotel furniture business primarily through the offering of indoor furniture and decoration related wood products for starred hotels and large public construction projects. Its movie and TV culture business consists of the investment, production, distribution and related businesses of movie and TV programs.
XILINMEN FURNITURE CO.,LTD 
