Shenzhen Textile Holdings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 13, 2020 at 06:30 am EDT
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Shenzhen Textile Holdings Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was CNY 2,158.184 million compared to CNY 1,272.356 million a year ago. Operating income was CNY 4.949 million compared to operating loss of CNY 54.469 million a year ago. Net income was CNY 19.679 million compared to net loss of CNY 22.980 million a year ago. Basic earnings per share was CNY 0.04 compared to basic loss per share of CNY 0.04 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. 
