Jinhong Fashion Group Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
March 09, 2022 at 03:53 am EST
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Jinhong Fashion Group Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 4,324 million compared to CNY 3,340 million a year ago. Net income was CNY 220 million compared to net loss of CNY 624 million a year ago.
Basic earnings per share from continuing operations was CNY 0.82 compared to basic loss per share from continuing operations of CNY 2.5 a year ago.
Jinhong Fashion Group Co.,Ltd., formerly VGRASS Fashion Co. Ltd., is principally engaged in the design, manufacture and distribution of branded lady's apparels. Through the operation of proprietary shops, the Company mainly deals with fashion lady's apparels under the brand named VGRASS. The Company provides apparels, including dresses, pants, coats, shirts, skirts, cotton coats, down garments and windbreakers, among others; knitted products, including sweater series products, as well as accessories, including bags, jewelries and scarf , among others. The Company is also engaged in manufacture and sales of handicrafts under the brand named Yunjin. Its products include handicrafts, fabrics, apparel and others.
JINHONG FASHION GROUP CO.,LTD. 
