Jiangsu Huaxicun Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 29, 2019 at 12:30 pm EDT
Share
Jiangsu Huaxicun Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 715.744 million compared to CNY 565.751 million a year ago. Operating income was CNY 471.003 million compared to CNY 23.373 million a year ago. Net income was CNY 352.342 million compared to CNY 12.740 million a year ago. Basic earnings per share from continuing operations was CNY 0.4 compared to CNY 0.01 a year ago.
JIANGSU HUAXICUN CO.,LTD. is a China-based company principally engaged in the research, development, production and sale of textile chemical fiber products. The Company operates through three business segments. Polyester Fiber segment mainly provides polyester staple fibers. Petrochemical Warehousing and Logistics segment mainly provides terminal loading and unloading, warehousing, barging transit and pipeline transportation services for liquid chemicals. Investment segment is mainly involved in merger and acquisition investment, venture capital, asset management and strategic investment. The Company operates its business in domestic market.
JIANGSU HUAXICUN CO.,LTD. 
