Henglin Home Furnishings Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 06:26 pm EDT
Share
Henglin Home Furnishings Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,401.48 million compared to CNY 1,033.08 million a year ago. Revenue was CNY 1,401.48 million compared to CNY 1,033.08 million a year ago. Net income was CNY 72.82 million compared to CNY 66.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.5286 compared to CNY 0.4786 a year ago. Diluted earnings per share from continuing operations was CNY 0.5286 compared to CNY 0.4786 a year ago.
Henglin Home Furnishings Co., Ltd, formerly Zhejiang Henglin Chair Industry CO., LTD. is a China-based company principally engaged in the research and development, manufacture and sales of seated products and accessories. The Company's main products include office chairs, sofas and massage chairs. The Company's main customers include IKEA, Staples and others. The Company distributes its products within domestic market and to overseas markets, including the United States, Canada, Germany, France and Australia, among others.