Zbom Home Collection Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 05:20 am EDT
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Zbom Home Collection Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 326.424 million compared to CNY 414.176 million a year ago. Operating loss was CNY 50.276 million compared to operating Income of CNY 31.885 million a year ago. Net loss was CNY 44.687 million compared to net income of CNY 31.633 million a year ago. Basic loss per share from continuing operations was CNY 0.2032 compared to basic earnings per share from continuing operations of CNY 0.1421 a year ago. Diluted loss per share from continuing operations was CNY 0.1948 compared to diluted earnings per share from continuing operations of CNY 0.1421 a year ago.
ZBOM HOME COLLECTION CO., LTD, formerly ZBOM CABINETS CO., LTD. is a China-based company principally engaged in the design, research and development, manufacturing and sales of integrated kitchen cabinets and custom wardrobes. The Company is also engaged in the provision of cabinet installation services. The Companyâs sales model mainly includes the direct sales model, dealer sales model and bulk buying sales model. The Company mainly sales its products under the brand of ZBOM. The Company mainly operates its businesses in domestic market with Eastern China region as its main market.
ZBOM HOME COLLECTION CO.,LTD 
