Jiangsu Lianfa Textile Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 05:32 am EDT
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Jiangsu Lianfa Textile Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,145.42 million compared to CNY 937.1 million a year ago. Revenue was CNY 1,145.42 million compared to CNY 937.1 million a year ago. Net income was CNY 12.36 million compared to CNY 16.62 million a year ago. Basic earnings per share from continuing operations was CNY 0.038 compared to CNY 0.0512 a year ago. Diluted earnings per share from continuing operations was CNY 0.0374 compared to CNY 0.0493 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.