Dare Power Dekor Home Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 08:20 am EDT
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Dare Power Dekor Home Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 4,656.086 million compared to CNY 5,113.570 million a year ago. Operating income was CNY 525.963 million compared to CNY 586.368 million a year ago. Net income was CNY 427.761 million compared to CNY 467.707 million a year ago. Basic earnings per share from continuing operations was CNY 0.78 compared to CNY 0.84 a year ago.
Dare Power Dekor Home Co.,Ltd., formerly Dare Technology Co., Ltd, is a China-based company principally engaged in the manufacture and sales of wood-based panels and floor boards. The Company's main products include high-density fiberboards, particleboards, laminate floor boards, three-layer solid wood floor boards, multi-layer solid wood floor boards and others. The Company's products are mainly applied in flooring substrate, furniture board, cabinet board, door panel, decoration plate, packaging board, electronic circuit board, heel board, audio equipment and indoor and train interior decoration. The Company distributes its products in domestic market and to overseas markets.