Qilun Group Inc (PK:QLUNF)
Business Focus: Household Products
| Sector: Consumer Non-Cyclicals | Industry: Household Products |
| Company Contact | |
| Address: | SHENZHEN GNG 518000 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Ruowen Li Chief Executive Officer, Director | ||
| Business Overview |
| Qilun Group Inc is a China-based company mainly engaged in the research and development, design, outsourced production and sales of Chinese cultural and creative art collections, artistic home decorations, and artistic household items. The Company's main products include original calligraphy and painting works, which refer to original calligraphy and painting works created by cooperative artists; reproductions, which refer to reproductions of original calligraphy and painting works made with high-resolution reproduction technology; artistic home decorations, which refer to traditional Chinese interior decoration items, including decorative swords, scales, teapots, and teacups; art home items, including daily necessities such as bookmarks, notebooks, and mugs. The Company's main products also include books and supporting research, design, planning, exhibition installation, video and production services. |
| Financial Overview |
| For the six months ended 30 June 2023, Qilun Group Inc revenues increased from $1.9M to $5.3M. Net income increased from $28K to $1.4M. Revenues reflect Revenue from related parties increase from $30K to $97K. Net income benefited from Professional fee decrease of 21% to $323K (expense), Rentals and leases decrease of 43% to $72K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to $0.01. |
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