A-Zenith Home Furnishings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 06:52 am EDT
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A-Zenith Home Furnishings Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 275.96 million compared to CNY 311.92 million a year ago. Net loss was CNY 66.83 million compared to net income of CNY 16.71 million a year ago. Basic loss per share from continuing operations was CNY 0.25 compared to basic earnings per share from continuing operations of CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.25 compared to diluted earnings per share from continuing operations of CNY 0.06 a year ago.
A-Zenith Home Furnishings Co., Ltd., formerly A-Zenith Furniture Co., Ltd., is a China-based company principally engaged in the research, design, manufacture and distribution of furniture products. The Company mainly operates its business under the brand name of A-Zenith, LVY and GEORGIAN. Its products mainly include cupboards, beds, tables, chairs, as well as sofas, among others. The Company distributes its products within domestic market and to overseas markets.