Zhejiang Jiaxin Silk Corp., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:37 am
Share
Zhejiang Jiaxin Silk Corp., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,054.23 million compared to CNY 744.63 million a year ago. Revenue was CNY 1,055.8 million compared to CNY 744.63 million a year ago. Net income was CNY 27.43 million compared to net loss of CNY 8.59 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to basic loss per share from continuing operations of CNY 0.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.05 compared to diluted loss per share from continuing operations of CNY 0.02 a year ago.
Zhejiang Jiaxin Silk Corp., Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of silk products and garments. Through its subsidiaries, the Company is also engaged in the production of hardware products, printing and dyeing processing, production and processing of silkworm cocoon products, as well as investment real estate related business. The Company distributes its products in domestic markets and to overseas markets.