Reported about 1 year ago
The well-established mattress company 'The World of Beds' (2938), with over 50 years of history, has applied to be listed on the stock exchange on July 2nd, following its debut in the OTC market in 2016. With 27 sales points, 3 dealers, 2 department store counters, and 3 e-commerce platforms in Taiwan, the company recorded a revenue of 851 million last year and a net profit of 75 million, with an EPS of 3.75. The company plans to expand its revenue by opening more sales points in both urban areas and emerging regions, following a 'small is beautiful' store expansion strategy to shorten the recovery time. The World of Beds accumulated a revenue of 343 million in the first 5 months of this year, showing a modest 1.49% growth from the same period last year.
Source: YAHOO