Huafang Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 30, 2019 at 03:58 am EDT
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Huafang Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 2,385.567 million compared to CNY 2,477.071 million a year ago. Operating income was CNY 17.873 million compared to CNY 36.216 million a year ago. Net income was CNY 15.050 million compared to CNY 28.322 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.05 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.