Jinhong Fashion Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 05:49 am
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Jinhong Fashion Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,818.5 million compared to CNY 1,791.24 million a year ago. Revenue was CNY 2,818.5 million compared to CNY 1,791.24 million a year ago. Net income was CNY 140.56 million compared to net loss of CNY 917.68 million a year ago. Basic earnings per share from continuing operations was CNY 0.52 compared to basic loss per share from continuing operations of CNY 3.68 a year ago. Diluted earnings per share from continuing operations was CNY 0.52 compared to diluted loss per share from continuing operations of CNY 3.68 a year ago.
Jinhong Fashion Group Co.,Ltd., formerly VGRASS Fashion Co. Ltd., is principally engaged in the design, manufacture and distribution of branded lady's apparels. Through the operation of proprietary shops, the Company mainly deals with fashion lady's apparels under the brand named VGRASS. The Company provides apparels, including dresses, pants, coats, shirts, skirts, cotton coats, down garments and windbreakers, among others; knitted products, including sweater series products, as well as accessories, including bags, jewelries and scarf , among others. The Company is also engaged in manufacture and sales of handicrafts under the brand named Yunjin. Its products include handicrafts, fabrics, apparel and others.