Huafang Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 03:52 am EDT
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Huafang Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,457.934 million compared to CNY 1,509.783 million a year ago. Operating income was CNY 16.559 million compared to CNY 10.973 million a year ago. Net income was CNY 13.925 million compared to CNY 9.604 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.01 compared to CNY 0.01 a year ago.
Huafang Co., Ltd. is a China-based company principally engaged in the dyeing and printing business. The Company is mainly engaged in spinning, clothing, home textile and textile trading businesses. The Company's main products include printed and dyed fabrics and home textile products. The Company distributes its products in the domestic market and to overseas markets.