Joeone Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 05:46 am EDT
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Joeone Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 765.8 million compared to CNY 811.37 million a year ago. Revenue was CNY 765.8 million compared to CNY 811.37 million a year ago. Net loss was CNY 57.46 million compared to net income of CNY 98.97 million a year ago. Basic loss per share from continuing operations was CNY 0.1 compared to basic earnings per share from continuing operations of CNY 0.17 a year ago. Diluted loss per share from continuing operations was CNY 0.1 compared to diluted earnings per share from continuing operations of CNY 0.17 a year ago.
JOEONE CO., LTD. is a China-based company, principally engaged in the research and development, design, production and sales of men's garments. The Company's products mainly include men's pants, jackets, T-shirts and shirts, among others. The Company mainly distributes its products under the brand name of JOEONE. The Company distributes its products mainly within domestic markets.