Ue Furniture Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 07:11 am EDT
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UE Furniture Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,322.560 million compared to CNY 1,771.538 million a year ago. Operating income was CNY 242.908 million compared to CNY 175.137 million a year ago. Net income was CNY 207.172 million compared to CNY 143.262 million a year ago. Basic earnings per share from continuing operations was CNY 0.69 compared to CNY 0.48 a year ago. Diluted earnings per share from continuing operations was CNY 0.69 compared to CNY 0.47 a year ago.
UE Furniture Co Ltd is a China-based company mainly engaged in the research and development, production and sales of healthy seats. The Company's primary products include office chairs, training chairs, massage chair bodies, leisure chairs, children chairs, sofa and functional seat accessories. The Company mainly distributes its products in the Mainland of China and overseas markets.