Ching Feng Home Fashions Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 04:30 pm EDT
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Ching Feng Home Fashions Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,566.3 million compared to TWD 1,281.66 million a year ago. Net income was TWD 91.69 million compared to TWD 32.79 million a year ago. Basic earnings per share from continuing operations was TWD 0.5268 compared to TWD 0.1854 a year ago. Diluted earnings per share from continuing operations was TWD 0.5268 compared to TWD 0.1854 a year ago.
For the six months, sales was TWD 2,745.34 million compared to TWD 2,476.95 million a year ago. Net income was TWD 85.1 million compared to TWD 110.65 million a year ago. Basic earnings per share from continuing operations was TWD 0.4878 compared to TWD 0.6341 a year ago. Diluted earnings per share from continuing operations was TWD 0.4878 compared to TWD 0.6341 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.