Xilinmen Furniture Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 19, 2020 at 04:17 am EDT
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Xilinmen Furniture Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 3,452.820 million compared to CNY 3,351.466 million a year ago. Operating income was CNY 250.046 million compared to CNY 364.584 million a year ago. Net income was CNY 180.153 million compared to CNY 287.448 million a year ago. Basic earnings per share from continuing operations was CNY 0.46 compared to CNY 0.73 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.