Nature Home' s revenue was 2.331 billion yuan, turning losses into profits

Flooring business revenue was 1.82 billion yuan, an increase of 92.3%.

On August 31, Nature Home announced that for the six months ended June 30, 2021, the company' s revenue was RMB 2.331 billion, a year-on-year increase of 66%; gross profit was RMB 561 million, a year-on-year increase of 72.5%; it was attributable to shareholders of listed companies. The net profit of about 49.274 million yuan, while a loss of 30.545 million yuan in the same period.


Nature Home said that the company' s retail business in China has returned to normal levels before the epidemic. At the same time, compared with the retail business, the company' s engineering project business growth has slowed down. In general, during the reporting period, the company' s overall sales recorded an increase over the same period last year.


During the reporting period, the company' s total revenue from production and sales of flooring products increased by 92.3% to 1.82 billion yuan from approximately 946 million yuan in the same period last year. In terms of floor sales network, the company has 3366 stores in China. In addition, the company currently has 12 flooring factories, mainly producing laminate flooring, laminate flooring and stone plastic flooring.


Nature Home said that the company' s flagship brand "Nature" has successfully established high-quality and safe products and an image representing healthy living and environmental protection among consumers. Since the company launched the large-scale home improvement strategy of integrated environmentally friendly home improvement products, it has formed a strategic pattern of "Nature" brand leading, nature floor, nature wooden door and other environmental protection product brands side by side.


In addition, although the company' s business in China has returned to the pre-epidemic level and has maintained steady growth overall, the Chinese home furnishing product industry is still facing a difficult market environment in the second half of the year under the influence of China' s many regulatory policies. 


After the efforts of the past few years, the production capacity layout of the company' s overseas business has been completed. In the future, the company will focus on the domestic production capacity optimization plan, reorganize the production line layout, build a full-chain closed-loop system under the framework of the large home development strategy, broaden product categories, and increase profitability growth points.







You May Like

Subscribe

Discover the latest furniture products

Customer Service

jjgle@imsinoexpo.com