Der Future Science and Technology Holding Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 05:40 am EDT
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Der Future Science and Technology Holding Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,322.37 million compared to CNY 1,063.6 million a year ago. Revenue was CNY 1,322.37 million compared to CNY 1,063.6 million a year ago. Net income was CNY 48.26 million compared to CNY 33.98 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.05 a year ago.
Der Future Science and Technology Holding Group Co., Ltd., formerly Der International Home Furnishing Co., LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of wood floor products. The Company primarily provides consolidated composite floor products and solid wood composite floor products. The Company distributes its products under the brand name of DER. Its wood floor products are mainly applied in home furnishing, building floor and shop floor. The Company also provides customized wardrobes, density boards, and graphene preparation equipment, application products and testing services. The Company distributes its products within domestic markets, with East China as its major market.