Huafu Fashion Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 08:17 am EDT
Share
Huafu Fashion Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 8,658.963 million compared to CNY 11,060.490 million a year ago. Operating loss was CNY 204.082 million compared to operating Income of CNY 449.082 million a year ago. Net loss was CNY 243.701 million compared to net income of CNY 407.255 million a year ago. Basic loss per share from continuing operations was CNY 0.16 compared to basic earnings per share from continuing operations of CNY 0.27 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. 
