2127.HK

Huisen Household Announces 2022 Interim Results

Retrieved on: 
星期三, 八月 31, 2022
Metaverse, Center, Book Industry Study Group, The Group, ODM, Motherboard, Artificial intelligence, Government, International Group, OEM, Pressure, Depreciation, Policy, RMB, Tehran Stock Exchange, The Home Depot, Depression, Furniture, Stock exchange, Virtual reality, Growth, Original equipment manufacturer, AI, Marketing, Equipment, Retail, Pharmaceutical industry, Group, PRC

HONG KONG, Aug 31, 2022 - (ACN Newswire) - China's major furniture product manufacturer Huisen Household International Group Ltd. ("Huisen Household" or "the Group"; stock code: 2127.HK) announced unaudited interim results for the period ended 30 June 2022 ("the Reporting Period") yesterday.

Key Points: 
  • HONG KONG, Aug 31, 2022 - (ACN Newswire) - China's major furniture product manufacturer Huisen Household International Group Ltd. ("Huisen Household" or "the Group"; stock code: 2127.HK) announced unaudited interim results for the period ended 30 June 2022 ("the Reporting Period") yesterday.
  • Inflation caused by the quantitative easing policy started to emerge during 2022, fuelling the uncertainties of economy.
  • In the first half of 2022, The Group's revenue was approximately RMB1.96 billion, representing a decrease of approximately 18.3% from approximately RMB2.40 billion compare to the same period of 2021.
  • and on 24th August 2022 obtain the right to use another two parcels of land with 65,556.80 sq.m.

Continued Growth Under the Pandemic, Huisen Household Profit Increased by Over 60%

Retrieved on: 
星期六, 三月 26, 2022
Housing, Company, Recurrence, Work, International Group, Jiangxi University of Science and Technology, Vaccination, Television, Group, Growth, Research, Urban, Sport, OEM, Coffee, Industry, Safety, Nanchang University, Review, Depreciation, COVID-19, ODM, Mutation, Policy, Technology, Table, Animal, Retail, Industrial design, PRC, Renminbi

Basic and diluted earnings per share of the Company was RMB0.29 for 2021 and RMB0.24 for FY2020.

Key Points: 
  • Basic and diluted earnings per share of the Company was RMB0.29 for 2021 and RMB0.24 for FY2020.
  • China's furniture exporters further attracted orders from countries around the world, ushering in an opportunity for a rapid growth."
  • During the review period, the revenue of panel-type furniture increased by 33.9%.
  • The gross profit margins for both FY2020 and the review period remained relatively stable, certain products with high gross profit margin recorded higher sales.