Luolai Lifestyle Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 19, 2021 at 08:19 am
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Luolai Lifestyle Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,526.098 million compared to CNY 1,905.879 million a year ago. Operating income was CNY 346.006 million compared to CNY 202.884 million a year ago. Net income was CNY 282.447 million compared to CNY 167.281 million a year ago. Basic earnings per share from continuing operations was CNY 0.3408 compared to CNY 0.2 a year ago.
LUOLAI LIFESTYLE TECHNOLOGY CO., LTD., formerly LUOLAI HOME TEXTILE CO., LTD., is a China-based company, principally engaged in the production and distribution of home textile products. The Company provides suite series, quilt series, pillow series, summer products series and other accessories, among others. The Company distributes its products under brand names of LUOLAI, SHERIDAN and SAINT MARC, among others. Through its subsidiaries, the Company is also engaged in the investment information consulting, the project investment and management, as well as the import and export of goods and technologies. The Company distributes its products in domestic markets and overseas markets.