Qu Mei Home Furnishings Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:40 am EDT
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Qu Mei Home Furnishings Group Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,312.91 million compared to CNY 1,149.12 million a year ago. Revenue was CNY 1,312.91 million compared to CNY 1,149.12 million a year ago. Net income was CNY 58.15 million compared to CNY 61.4 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.11 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.11 a year ago.
QuMei Home Furnishings Group Co., Ltd. is a China-based company engaged in the design, manufacture and sale of medium and high grade home furnishing and matching home accessories. The Company provides the customers with integrated home solutions. The Company's main product is wooden furniture, which consist of solid wood furniture, man-made board furniture and integrated furniture. Addition to the main furniture for the living room, study, bedroom, diner room, childrenâs room and customized purpose, the Company also provides mattress, curtains and other home accessories.