Jiangsu Lianfa Textile Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 22, 2020 at 06:42 pm IST
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Jiangsu Lianfa Textile Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 3,910.527 million compared to CNY 4,168.693 million a year ago. Operating income was CNY 509.828 million compared to CNY 508.018 million a year ago. Net income was CNY 393.072 million compared to CNY 390.341 million a year ago. Basic earnings per share from continuing operations was CNY 1.18 compared to CNY 1.21 a year ago. Diluted earnings per share from continuing operations was CNY 1.16 compared to CNY 1.21 a year ago.
JIANGSU LIANFA TEXTILE CO., LTD. is a China-based company principally engaged in the manufacture and sales of yarn-dyed fabrics, clothing and textiles. The Companyâs main products include yarns, yarn-dyed fabrics, shirts, and printing and dyeing fabrics. Through its subsidiaries, the Company is also engaged in the provision of electric, steam and sewage treatment services, compressed air and others.