Shenzhen Textile Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 05:23 am EDT
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Shenzhen Textile (Holdings) Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,672.29 million compared to CNY 1,472.95 million a year ago. Revenue was CNY 1,672.29 million compared to CNY 1,472.95 million a year ago. Net income was CNY 81.52 million compared to CNY 25.45 million a year ago. Basic earnings per share from continuing operations was CNY 0.1608 compared to CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.1608 compared to CNY 0.05 a year ago.
SHENZHEN TEXTILE (HOLDINGS)CO., LTD. is a China-based company principally engaged in the manufacture and sales of polarizers. The Company is also engaged in the property leasing and apparel trading businesses. The Company's polarizers are mainly used in the manufacture of liquid crystal display panels of smart phones, tablet person computer (PCs), television (TVs), organic light emitting diode (OLED) display panels, as well as the filter lens of instruments, sunglasses and photographic equipment. The Company mainly distributes its products in domestic and overseas markets.