Jiangsu Huaxicun Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 03:55 am EDT
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Jiangsu Huaxicun Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,219.725 million compared to CNY 1,699.143 million a year ago. Operating loss was CNY 178.823 million compared to operating Income of CNY 416.109 million a year ago. Net loss was CNY 131.534 million compared to net income of CNY 335.137 million a year ago. Basic loss per share from continuing operations was CNY 0.15 compared to basic earnings per share from continuing operations of CNY 0.38 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. 
