Lancy Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 23, 2021 at 05:51 am EDT
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Lancy Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,876.436 million compared to CNY 3,007.255 million a year ago. Operating income was CNY 156.357 million compared to CNY 156.095 million a year ago. Net income was CNY 142.036 million compared to CNY 58.778 million a year ago. Basic earnings per share from continuing operations was CNY 0.3224 compared to CNY 0.1428 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. 
