Zoy Home Furnishing Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 26, 2019 at 03:43 pm EDT
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Zoy Home Furnishing Co.,Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 488.727 million compared to CNY 400.246 million a year ago. Operating income was CNY 43.953 million compared to CNY 28.026 million a year ago. Net income was CNY 35.812 million compared to CNY 24.621 million a year ago. Basic earnings per share from continuing operations was CNY 0.45 compared to CNY 0.34 a year ago.
ZOY HOME FURNISHING CO., LTD. is a China-based company which is principally engaged in research and development, design, manufacture and sales of motion sofas. The Companyâs products mainly include functional sofas, fixed sofas and single lounge chairs and others, such as manual function sofa, electric function sofa, armrest push back sofas, elderly chairs, household and commercial sofas and household and commercial single leisure chairs. The Companyâs sales strategy is mainly engaged in the original equipment manufacturer (OEM). The Company distributes its products to both domestic and overseas markets, including the United States, Canada, Britain, Japan, Australia, Ireland and other markets.