Zhejiang Red Dragonfly Footwear Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 03:39 pm IST
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Zhejiang Red Dragonfly Footwear Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,029.650 million compared to CNY 1,473.451 million a year ago. Operating income was CNY 34.284 million compared to CNY 126.166 million a year ago. Net income was CNY 37.776 million compared to CNY 109.474 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.19 a year ago.
ZHEJIANG RED DRAGONFLY FOOTWEAR CO.,LTD. is a China-based company principally engaged in the manufacturing and sales of shoes and apparels. The Company's main businesses include design, development, manufacturing and sale of leather shoes, leather goods and children's products. The Company distributes products under the brand named Red Dragonfly; its main products include adult men's and women's shoes, children's shoes and apparels, leather belts, wallets and leather handbags, among others. The Company operates its business in domestic market where the East China area serves as its main market.