Huafon Microfibre Shanghai Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 03:18 pm IST
Share
Huafon Microfibre Shanghai Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 2,293.735 million compared to CNY 2,273.005 million a year ago. Operating income was CNY 117.024 million compared to CNY 338.768 million a year ago. Net income was CNY 103.803 million compared to CNY 277.311 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.17 a year ago.
Huafon Microfibre (Shanghai) Co., Ltd. is a China-based company principally engaged in the production and sales of microfiber materials. The Company's main products include microfiber synthetic leather, microfiber base billets and suede. The Company's products are mainly used in footwear, sofa furniture, luggage, balls, gloves, clothing, automotive interiors and military applications. The Company distributes its products in domestic market and to overseas markets.
HUAFON MICROFIBRE (SHANGHAI) CO., LTD. 
