Zhejiang Red Dragonfly Footwear Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 08:06 pm
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Zhejiang Red Dragonfly Footwear Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,969.624 million compared to CNY 3,041.212 million a year ago. Operating income was CNY 155.183 million compared to CNY 217.135 million a year ago. Net income was CNY 130.649 million compared to CNY 196.055 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to CNY 0.34 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.