Lancy Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:10 am EDT
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Lancy Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,996.695 million compared to CNY 2,128.903 million a year ago. Operating income was CNY 50.772 million compared to CNY 223.543 million a year ago. Net income was CNY 49.993 million compared to CNY 157.113 million a year ago. Basic earnings per share from continuing operations was CNY 0.1136 compared to CNY 0.389 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. 
