Ching Feng Home Fashions Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 02:30 am EST
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Ching Feng Home Fashions Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,324.18 million compared to TWD 1,332.24 million a year ago. Net income was TWD 84.47 million compared to TWD 103.79 million a year ago. Basic earnings per share from continuing operations was TWD 0.49 compared to TWD 0.6 a year ago. Diluted earnings per share from continuing operations was TWD 0.49 compared to TWD 0.6 a year ago.
For the nine months, sales was TWD 3,261.44 million compared to TWD 4,077.57 million a year ago. Net income was TWD 75.17 million compared to TWD 188.89 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to TWD 1.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.43 compared to TWD 1.09 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.