Lafang China Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 07:56 pm EDT
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Lafang China Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 200.58 million compared to CNY 245.04 million a year ago. Revenue was CNY 200.58 million compared to CNY 245.04 million a year ago. Net loss was CNY 2.56 million compared to net income of CNY 16.76 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.07 a year ago. Diluted loss per share from continuing operations was CNY 0.01 compared to diluted earnings per share from continuing operations of CNY 0.07 a year ago.
LAFANG CHINA CO., LTD. is principally engaged in research and development, manufacture and sales of household and personal care chemical products. The Company's main products include shampoo, conditioner, body wash, toilet soaps and creams. The Company owns several brands such as Lafang, Yujie, Binchun, Meiduosi and Shengfeng, among others.