Huafang Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 26, 2019 at 12:32 pm EDT
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Huafang Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 1,509.783 million compared to CNY 1,600.727 million a year ago. Operating income was CNY 10.973 million compared to CNY 12.763 million a year ago. Net income was CNY 9.604 million compared to CNY 11.343 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.01 compared to CNY 0.01 a year ago.
Huafang Co., Ltd. is a China-based company principally engaged in the dyeing and printing business. The Company is mainly engaged in spinning, clothing, home textile and textile trading businesses. The Company's main products include printed and dyed fabrics and home textile products. The Company distributes its products in the domestic market and to overseas markets.