Bros Eastern Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:59 am EDT
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Bros Eastern Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 4,179.487 million compared to CNY 4,569.325 million a year ago. Operating income was CNY 214.552 million compared to CNY 318.224 million a year ago. Net income was CNY 178.999 million compared to CNY 296.519 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.2 a year ago.
Bros Eastern Ltd, formerly BROS EASTERN CO.,LTD, is a China-based company principally engaged in the research and development, production and sales of colored spinning products. The Company's main product is colored spinning yarn made from cotton. The products of the Company are used in apparel industry. The Company distributes its products under the brand named BROS in both domestic and overseas markets.