Jiangsu Huaxicun Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 04:11 am EDT
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Jiangsu Huaxicun Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 583.258 million compared to CNY 558.354 million a year ago. Operating income was CNY 271.230 million compared to operating loss of CNY 180.263 million a year ago. Net income was CNY 193.222 million compared to net loss of CNY 158.272 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to basic loss per share from continuing operations of CNY 0.18 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. 
