Shanghai Challenge Textile Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,171.293 million compared to CNY 1,005.356 million a year ago. Operating income was CNY 32.302 million compared to CNY 24.620 million a year ago. Net income was CNY 16.675 million compared to net loss of CNY 17.340 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.0208 a year ago.