Huafu Fashion Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 12:35 pm EDT
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Huafu Fashion Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 3,844.540 million compared to CNY 2,306.051 million a year ago. Operating income was CNY 150.955 million compared to operating loss of CNY 30.481 million a year ago. Net income was CNY 131.213 million compared to net loss of CNY 30.441 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to basic loss per share from continuing operations of CNY 0.02 a year ago.
HUAFU FASHION CO., LTD., formerly HUAFU TOP DYED MELANGE YARN CO., LTD, is a China-based company principally engaged in cotton textile industry. The Companyâs main products include yarns and materials. The Companyâs yarn products consist of dyed yarns, semi-worsted yarns, backset spinning yarns, rotor spinning yarns and blank yarns, among others. The Companyâs products are applied in the manufacturing of underwear, casual clothes, business garments, shirts, socks, beddings, towels and decorative fabrics, among others. The Company distributes its products within domestic market and to overseas markets.
HUAFU FASHION CO., LTD. 
