Anhui Huamao Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 05:40 am EDT
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Anhui Huamao Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 783.494 million compared to CNY 548.133 million a year ago. Operating loss was CNY 26.621 million compared to CNY 197.341 million a year ago. Net loss was CNY 24.626 million compared to CNY 168.930 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to CNY 0.18 a year ago.
ANHUI HUAMAO TEXTILE COMPANY LIMITED is a China-based company principally engaged in the dyeing, processing, manufacture and distribution of textile products. The Company operates its businesses mainly through the dyeing and processing of pure and mixed yarns of cotton, wools, linens, silks and synthetic fibers, as well as fabrics, knitted products and apparels. The Companyâs main products include yarn series, fabric series, yarn dyed series and functional industry cloth series. The Company distributes its products in domestic market and to overseas markets, including Europe, Asian and other markets.