Hunan Huasheng Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 03:46 am EDT
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Hunan Huasheng Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 636.16 million compared to CNY 665.07 million a year ago. Revenue was CNY 636.16 million compared to CNY 665.07 million a year ago. Net loss was CNY 27.59 million compared to net income of CNY 31.76 million a year ago. Basic loss per share from continuing operations was CNY 0.0686 compared to basic earnings per share from continuing operations of CNY 0.079 a year ago. Diluted loss per share from continuing operations was CNY 0.0686 compared to diluted earnings per share from continuing operations of CNY 0.079 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.