Huafu Fashion Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 09:25 am EDT
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Huafu Fashion Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 4,147.12 million compared to CNY 3,844.54 million a year ago. Revenue was CNY 4,147.12 million compared to CNY 3,844.54 million a year ago. Net income was CNY 150.06 million compared to CNY 131.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.09 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.