Qumei Home Furnishings net profit of 2015 reached RMB117 million

According to the 2015 annual report issued by Qumei Home Furnishings on April 17, the company realized revenue of RMB1.255 billion, grew by 14.78% year on year; net profit of RMB117 million, growing by 16.40% year on year; and basic earnings per share of RMB0.26. Qumei Home Furnishings is planning to give out cash of RMB0.49 (tax inclusive) per 10 shares to all shareholders.

Right Home merged Hengfu Furniture

Right Home officially announced purchase of Shenzhen Hengfu Furniture Co., Ltd. on April 13, after Right Home Huizhou Industrial Park was opened and put into production in high profile in mid-March. As expressed by Right Home, the merger was conducted due to the professional attitude of the enterprise towards the mid- to high-end leather sofa manufacturing, its agglomerate exquisite craftsmanship and R&D and innovation ability. It seems that Right Home is planning a large piece of “market cake”.

The 165^th store of Red Star Macalline opened

The Red Star Macalline Home Furnishing Building Materials Plaza in Hancheng City, Shaanxi Province—the 150 thousand m² “Hongxing International Plaza” exhibition center was formally opened with an opening ceremony on April 16. This plaza is the 165^th store of Red Star Macalline in China, featuring theme home furnishing hall, building materials city, hotel and finance, catering and entertainment, and supermarket and department store, etc.

(Source: JJGLE.COM)