Anhui Huamao Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 07:11 am
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Anhui Huamao Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 548.133 million compared to CNY 640.137 million a year ago. Operating loss was CNY 197.341 million compared to operating Income of CNY 500.124 million a year ago. Net loss was CNY 168.930 million compared to net income of CNY 423.404 million a year ago. Basic loss per share from continuing operations was CNY 0.179 compared to basic earnings per share from continuing operations of CNY 0.4487 a year ago.
ANHUI HUAMAO TEXTILE COMPANY LIMITED is a China-based company principally engaged in the dyeing, processing, manufacture and distribution of textile products. The Company operates its businesses mainly through the dyeing and processing of pure and mixed yarns of cotton, wools, linens, silks and synthetic fibers, as well as fabrics, knitted products and apparels. The Companyâs main products include yarn series, fabric series, yarn dyed series and functional industry cloth series. The Company distributes its products in domestic market and to overseas markets, including Europe, Asian and other markets.
ANHUI HUAMAO TEXTILE CO., LTD. 
