Jiangsu Huaxicun Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 13, 2021 at 04:24 am EDT
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Jiangsu Huaxicun Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,355.558 million compared to CNY 3,186.874 million a year ago. Operating loss was CNY 302.990 million compared to operating Income of CNY 817.902 million a year ago. Net loss was CNY 332.742 million compared to net income of CNY 561.843 million a year ago. Basic loss per share from continuing operations was CNY 0.38 compared to basic earnings per share from continuing operations of CNY 0.63 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. 
