Shenzhen Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 12:30 pm
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Shenzhen Textile (Holdings) Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 552.950 million compared to CNY 384.038 million a year ago. Operating income was CNY 68.823 million compared to operating loss of CNY 11.438 million a year ago. Net income was CNY 42.776 million compared to net loss of CNY 5.827 million a year ago.
SHENZHEN TEXTILE (HOLDINGS)CO., LTD. is a China-based company principally engaged in the manufacture and sales of polarizers. The Company is also engaged in the property leasing and apparel trading businesses. The Company's polarizers are mainly used in the manufacture of liquid crystal display panels of smart phones, tablet person computer (PCs), television (TVs), organic light emitting diode (OLED) display panels, as well as the filter lens of instruments, sunglasses and photographic equipment. The Company mainly distributes its products in domestic and overseas markets.
SHENZHEN TEXTILE (HOLDINGS) CO., LTD. 
