Zhejiang Huafeng Spandex Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
July 28, 2020 at 08:24 am EDT
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Zhejiang Huafeng Spandex Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 6,098.257 million compared to CNY 6,732.935 million a year ago. Operating income was CNY 782.020 million compared to CNY 972.379 million a year ago. Net income was CNY 665.049 million compared to CNY 857.296 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.2 a year ago.
Huafon Chemical Co Ltd, formerly ZHEJIANG HUAFON SPANDEX CO LTD, is a China-based company, principally engaged in the research and development, manufacture, processing and distribution of spandex products, under the brand name of Qianxi. The Company is also engaged in the production, research and development, and sales of fine chemicals such as polyurethane resins and chemical products such as adipic acid.The Company's main products are spandex products. The company's spandex products are applied in underwear, recreational sportswear, swimwear, socks, decorative fabrics and medical bandages. The Company distributes its products within domestic market and to overseas markets.
HUAFON CHEMICAL CO.,LTD 
