Jinhong Fashion Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
July 16, 2021 at 06:10 am EDT
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Jinhong Fashion Group Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 19.63 compared to CNY 11.3 a year ago. Operating income was CNY 1.64 compared to operating loss of CNY 0.13 a year ago. Net income was CNY 1.33 compared to net loss of CNY 0.03 a year ago. Basic earnings per share from continuing operations was CNY 0.51 compared to basic loss per share from continuing operations of CNY 0.01 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. 
