Ching Feng Home Fashions Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 05:24 pm EDT
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Ching Feng Home Fashions Co.,Ltd announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,419.273 million compared to TWD 1,598.027 million a year ago. Operating income was TWD 127.218 million compared to TWD 134.758 million a year ago. Net income was TWD 76.158 million compared to TWD 95.857 million a year ago. Basic earnings per share was TWD 0.45 compared to TWD 0.57 a year ago. For the half year, sales was TWD 2,320.100 million compared to TWD 2,700.544 million a year ago. Operating income was TWD 121.449 million compared to TWD 217.935 million a year ago. Net income was TWD 82.869 million compared to TWD 153.825 million a year ago. Basic earnings per share was TWD 0.49 compared to TWD 0.91 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.