Hunan Huasheng Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 03:27 pm IST
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Hunan Huasheng Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 208.37 million compared to CNY 259.43 million a year ago. Revenue was CNY 208.37 million compared to CNY 259.43 million a year ago. Net loss was CNY 39.69 million compared to CNY 60.66 million a year ago. Basic loss per share from continuing operations was CNY 0.0987 compared to CNY 0.1509 a year ago. Diluted loss per share from continuing operations was CNY 0.0987 compared to CNY 0.1509 a year ago.
Hunan Huasheng Co., Ltd. is a China-based company primarily engaged in the production and sales of ramie textiles. The Company is also engaged in the pharmaceutical machinery manufacturing, trading and real estate businesses. The Company's main products include ramie, linen, hemp yarns, fabrics and apparels, home textiles, industrial textiles and modern pharmaceutical equipment. The Company mainly distributes its products in overseas markets.