Shenzhen Textile Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 26, 2019 at 05:59 pm EDT
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Shenzhen Textile Holdings Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the quarter, sales were CNY 592.839 million compared to CNY 221.307 million a year ago. Operating income was CNY 13.011 million compared to CNY 7.063 million a year ago. Net income was CNY 10.381 million compared to CNY 5.616 million a year ago. Basic earnings per share from continuing operations was CNY 0.0203 compared to CNY 0.011 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.
SHENZHEN TEXTILE (HOLDINGS) CO., LTD. 
