Anhui Huamao Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 04:26 am
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Anhui Huamao Textile Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 817.12 million compared to CNY 783.49 million a year ago. Revenue was CNY 817.12 million compared to CNY 783.49 million a year ago. Net loss was CNY 156.36 million compared to CNY 24.63 million a year ago. Basic loss per share from continuing operations was CNY 0.166 compared to CNY 0.026 a year ago. Diluted loss per share from continuing operations was CNY 0.166 compared to CNY 0.026 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.