Ching Feng Home Fashions Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 05:03 am EDT
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Ching Feng Home Fashions Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,017.49 million compared to TWD 1,566.3 million a year ago. Net income was TWD 20.43 million compared to TWD 91.69 million a year ago. Basic earnings per share from continuing operations was TWD 0.1171 compared to TWD 0.5268 a year ago. Diluted earnings per share from continuing operations was TWD 0.1171 compared to TWD 0.5268 a year ago.
For the six months, sales was TWD 1,937.26 million compared to TWD 2,745.34 million a year ago. Net loss was TWD 9.3 million compared to net income of TWD 85.1 million a year ago. Basic loss per share from continuing operations was TWD 0.0585 compared to basic earnings per share from continuing operations of TWD 0.4878 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.
CHING FENG HOME FASHIONS CO.,LTD 
