Xin Hee Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 29, 2021 at 04:56 am EDT
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Xin Hee Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,046.682 million compared to CNY 773.257 million a year ago. Operating income was CNY 260.908 million compared to CNY 102.234 million a year ago. Net income was CNY 192.449 million compared to CNY 74.128 million a year ago. Basic earnings per share from continuing operations was CNY 0.4511 compared to CNY 0.2317 a year ago. Diluted earnings per share from continuing operations was CNY 0.4501 compared to CNY 0.2317 a year ago.
Xin Hee Co Ltd is a China-based company mainly engaged in the design, production and sales of women's clothing. The Company mainly has seven independent brands. JORYA is positioned in the high-end mature women's clothing market. JORYA weekend products are British college casual style. ANMANI positioned a fashionable urban style. GIVH SHYH is mainly fashionable casual wear. The CAROLINE brand favors urban professional wear. The AIVEI brand is positioned in the fashion ladies' wear market. The QDA brand is positioned in the high-end consumer market. Its products include clothing and commodities, such as tops, windbreakers, down jackets, leather garments, sweaters, shirts, skirts, pants, belts, scarves, hats, headbands, necklaces, socks, gloves, sandals, leather shoes, casual shoes, boots, handbags, shoulder bags, wallets, etc. The Company has stores in multiple cities in China. The Company conducts its businesses within the China market and to overseas markets.