Yiwu Huading Nylon Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 09:52 pm
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Yiwu Huading Nylon Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,568.62 million compared to CNY 2,369.26 million a year ago. Revenue was CNY 1,568.62 million compared to CNY 2,369.26 million a year ago. Net loss was CNY 76.23 million compared to net income of CNY 87.54 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to basic earnings per share from continuing operations of CNY 0.08 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to diluted earnings per share from continuing operations of CNY 0.08 a year ago.
Yiwu Huading Nylon Co.,Ltd. is a China-based company principally engaged in the research, development, production and sale of nylon filament. The Company's main products include four kinds of civilian nylon filament products, such as pre-oriented yarn (POY), high-oriented yarn (HOY), full drawn yarn (FDY) and draw textured yarn (DTY). The Company's products are mainly used in sports apparel, bathing suits, down jackets, seamless underwear, lace, suits, shirts, T-shirts, high fashion fabrics and upscale socks. The Company distributes its products mainly in domestic market.