Shenzhen Textile Holdings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 13, 2020 at 04:00 pm IST
Share
Shenzhen Textile Holdings Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was CNY 2,158.184 million compared to CNY 1,272.356 million a year ago. Operating income was CNY 4.949 million compared to operating loss of CNY 54.469 million a year ago. Net income was CNY 19.679 million compared to net loss of CNY 22.980 million a year ago. Basic earnings per share was CNY 0.04 compared to basic loss per share of CNY 0.04 a year ago.
Shenzhen Textile Holdings Co Ltd is a China-based company mainly engaged in the research and development, production and sales of polarizers. The Company conducts its business through two segments. The Polarizer Business segment's products cover the fields of twisted nematic (TN), super twisted nematic (STN), thin film transistor (TFT), organic light-emitting diode (OLED), three-dimensional graphics (3D), dye sheets, optical films for touch screens and others, which are mainly used in televisions, laptops, navigation systems, displays, automotive, industrial control, instrumentation, smart phones, wearable devices, 3D glasses, sunglasses and other products. The Company also conducts business through the Property Leasing Business and Other Business segment. The Company is also engaged in textile business. The Company mainly conducts its business in the domestic and foreign markets.