Furniture industry leader reports 5.77 pct profit rise

Source: Xinhua| 2019-03-05 12:40:34|Editor: Yang Yi
Video PlayerClose

BEIJING, March 5 (Xinhua) -- Suofeiya Home Collection Co., one of China's biggest customized furniture company, said Tuesday that its net profits rose 5.77 percent year-on-year to 959.07 million yuan (143.14 million U.S. dollars) last year.

Revenues jumped to 7.31 billion yuan, up 18.67 percent from one year earlier. Earnings per share stood at 1.04 yuan, according to a statement the company filed to the Shanghai Stock Exchange.

The company witnessed fiercer competition last year with an increasing number of new market entrants, the statement said.

A cooling property market also weighed on the company's profitability.

By the end of 2018, the company had over 1,400 dealers and around 2,600 specialty stores. The number of its customers increased 3.35 percent year-on-year to 554,000.

The company plans to accelerate the refurbishment of old stores this year and open 300 new stores nationwide.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001378704881
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
日本精品在线不卡中文字幕 | 精品成年人在线观看 | 亚洲一区在线观看网站 | 在线6区不卡一区二区 | 色无月激情五月在线观看 | 中文字幕制服丝袜第一页 |