Der Future Science and Technology Holding Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:21 am EDT
Share
Der Future Science and Technology Holding Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 293.88 million compared to CNY 345.43 million a year ago. Revenue was CNY 293.88 million compared to CNY 345.43 million a year ago. Net loss was CNY 26.59 million compared to net income of CNY 4.12 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to diluted earnings per share from continuing operations of CNY 0.01 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.