Lancy Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 05:38 am EDT
Share
Lancy Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 894.2 million compared to CNY 891.9 million a year ago. Revenue was CNY 894.2 million compared to CNY 891.9 million a year ago. Net loss was CNY 2.24 million compared to net income of CNY 35.21 million a year ago. Basic loss per share from continuing operations was CNY 0.0051 compared to basic earnings per share from continuing operations of CNY 0.0796 a year ago. Diluted loss per share from continuing operations was CNY 0.0051 compared to diluted earnings per share from continuing operations of CNY 0.0796 a year ago.
LANCY CO., LTD. is a China-based company, principally engaged in the design, manufacture and distribution of women's clothing. The Company provides upper outer garments, skirts, pants, coats and others, including T-shirts, knitted apparels, shirts, leisure pants, skirts, one-piece dresses, overcoats, cotton garments, down coats, jackets and leather coats, among others. The Company distributes its products primarily under brands named LANCY FROM 25, LIME FLARE, marie n°mary and MOJO S.PHINE. The Company distributes its products within domestic market and to overseas markets.
LANCY CO., LTD. 
