Xin Hee Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 28, 2023 at 04:31 pm IST
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Xin Hee Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 450.56 million compared to CNY 503.62 million a year ago. Revenue was CNY 450.56 million compared to CNY 503.62 million a year ago.
Net income was CNY 48.96 million compared to CNY 62.15 million a year ago. Basic earnings per share from continuing operations was CNY 0.1175 compared to CNY 0.1457 a year ago. Diluted earnings per share from continuing operations was CNY 0.1175 compared to CNY 0.1452 a year ago.
Xin Hee Co Ltd is a China-based company mainly engaged in the design, production and sales of women's clothing. The Company mainly has seven independent brands. JORYA is positioned in the high-end mature women's clothing market. JORYA weekend products are British college casual style. ANMANI positioned a fashionable urban style. GIVH SHYH is mainly fashionable casual wear. The CAROLINE brand favors urban professional wear. The AIVEI brand is positioned in the fashion ladies' wear market. The QDA brand is positioned in the high-end consumer market. Its products include clothing and commodities, such as tops, windbreakers, down jackets, leather garments, sweaters, shirts, skirts, pants, belts, scarves, hats, headbands, necklaces, socks, gloves, sandals, leather shoes, casual shoes, boots, handbags, shoulder bags, wallets, etc. The Company has stores in multiple cities in China. The Company conducts its businesses within the China market and to overseas markets.