Xilinmen Furniture Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 09, 2021 at 04:29 am EST
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Xilinmen Furniture Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 5,623.291 million compared to CNY 4,871.398 million a year ago. Operating income was CNY 437.149 million compared to CNY 512.911 million a year ago. Net income was CNY 313.404 million compared to CNY 380.410 million a year ago. Basic earnings per share from continuing operations was CNY 0.8 compared to CNY 0.98 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.