Hunan Huasheng Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:39 am EDT
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Hunan Huasheng Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 665.074 million compared to CNY 745.817 million a year ago. Operating income was CNY 24.791 million compared to operating loss of CNY 29.949 million a year ago. Net income was CNY 31.755 million compared to net loss of CNY 26.434 million a year ago. Basic earnings per share from continuing operations was CNY 0.079 compared to basic loss per share from continuing operations of CNY 0.0657 a year ago.
Hunan Huasheng Co., Ltd. is a China-based company primarily engaged in the production and sales of ramie textiles. The Company is also engaged in the pharmaceutical machinery manufacturing, trading and real estate businesses. The Company's main products include ramie, linen, hemp yarns, fabrics and apparels, home textiles, industrial textiles and modern pharmaceutical equipment. The Company mainly distributes its products in overseas markets.