Jiangsu Huaxicun Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 02:02 pm IST
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Jiangsu Huaxicun Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,210.054 million compared to CNY 1,219.725 million a year ago. Operating income was CNY 511.280 million compared to operating loss of CNY 178.823 million a year ago. Net income was CNY 392.522 million compared to net loss of CNY 131.534 million a year ago. Basic earnings per share from continuing operations was CNY 0.44 compared to basic loss per share from continuing operations of CNY 0.15 a year ago.
JIANGSU HUAXICUN CO.,LTD. is a China-based company principally engaged in the research, development, production and sale of textile chemical fiber products. The Company operates through three business segments. Polyester Fiber segment mainly provides polyester staple fibers. Petrochemical Warehousing and Logistics segment mainly provides terminal loading and unloading, warehousing, barging transit and pipeline transportation services for liquid chemicals. Investment segment is mainly involved in merger and acquisition investment, venture capital, asset management and strategic investment. The Company operates its business in domestic market.