Lancy Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 02:20 pm IST
Share
Lancy Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 586.527 million compared to CNY 721.769 million a year ago. Operating loss was CNY 24.354 million compared to operating Income of CNY 69.784 million a year ago. Net loss was CNY 3.174 million compared to net income of CNY 52.767 million a year ago. Basic loss per share from continuing operations was CNY 0.0073 compared to basic earnings per share from continuing operations of CNY 0.1319 a year ago.
LANCY CO., LTD. is a China-based company, principally engaged in the design, manufacture and distribution of women's clothing. The Company provides upper outer garments, skirts, pants, coats and others, including T-shirts, knitted apparels, shirts, leisure pants, skirts, one-piece dresses, overcoats, cotton garments, down coats, jackets and leather coats, among others. The Company distributes its products primarily under brands named LANCY FROM 25, LIME FLARE, marie n°mary and MOJO S.PHINE. The Company distributes its products within domestic market and to overseas markets.