Shanghai Haixin Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 18, 2022 at 06:04 am EDT
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Shanghai Haixin Group Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,203.05 million compared to CNY 851.97 million a year ago. Revenue was CNY 1,511.26 million compared to CNY 932.73 million a year ago. Net income was CNY 132.09 million compared to CNY 119.39 million a year ago. Basic earnings per share from continuing operations was CNY 0.1094 compared to CNY 0.0989 a year ago. Diluted earnings per share from continuing operations was CNY 0.1094 compared to CNY 0.0989 a year ago.
Shanghai Haixin Group Co., Ltd. is a China based company principally engaged in the production and sales of textile products and pharmaceuticals. The Company operates its business through two segments. The Textile segment is mainly engaged in the production and sales of plush fabric and clothing. The Pharmaceutical segment is mainly engaged in the manufacture and sales of pharmaceutical products. In addition, The Company is also engaged in financial investment business and industrial plant rental management business. The Company operates its business in the domestic market and overseas markets.