Jiangsu Huaxicun Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 04:07 am EDT
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Jiangsu Huaxicun Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 671.12 million compared to CNY 583.26 million a year ago. Net income was CNY 19.31 million compared to CNY 193.22 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.22 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.22 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. 
