Ching Feng Home Fashions Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 04:30 pm EDT
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Ching Feng Home Fashions Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,195.293 million compared to TWD 900.827 million a year ago. Operating income was TWD 94.714 million compared to operating loss of TWD 4.857 million a year ago. Net income was TWD 77.859 million compared to TWD 7.623 million a year ago. Basic earnings per share from continuing operations was TWD 0.46 compared to TWD 0.04 a year ago.
CHING FENG HOME FASHIONS CO., LTD is a Taiwan-based company principally engaged in the development, production and distribution of curtains, home decoration products and plastic products. The Company provides desk decoration products, including desk cloth and cushions; bed sets, including bed sheets, bedspreads and pillows, among others; bathroom products, including baskets, shower curtains and other products; curtains, such as Roman curtains; louvers, including ordinary louvers, vertical louvers and artificial wood louvers, among others, as well as plastic construction materials. The Company mainly distributes its products primarily in the Americas and Europe, as well as in domestic market and other markets.