Jiangsu Lianfa Textile Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 22, 2020 at 09:12 am EDT
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Jiangsu Lianfa Textile Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 901.459 million compared to CNY 925.563 million a year ago. Operating income was CNY 153.366 million compared to CNY 94.411 million a year ago. Net income was CNY 113.327 million compared to CNY 73.281 million a year ago. Basic earnings per share from continuing operations was CNY 0.3407 compared to CNY 0.2177 a year ago. Diluted earnings per share from continuing operations was CNY 0.3328 compared to CNY 0.2177 a year ago.
JIANGSU LIANFA TEXTILE CO., LTD. is a China-based company principally engaged in the manufacture and sales of yarn-dyed fabrics, clothing and textiles. The Companyâs main products include yarns, yarn-dyed fabrics, shirts, and printing and dyeing fabrics. Through its subsidiaries, the Company is also engaged in the provision of electric, steam and sewage treatment services, compressed air and others.
JIANGSU LIANFA TEXTILE CO.,LTD 
