Saturday Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 08, 2022 at 06:10 am EDT
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Saturday Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 2,813.66 million compared to CNY 2,150.94 million a year ago. Net loss was CNY 703.7 million compared to net income of CNY 24.3 million a year ago. Basic loss per share from continuing operations was CNY 0.9 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago.
Foshan Yowant Technology Co Ltd, formerly SATURDAY Co Ltd, is principally engaged in Internet advertising business. The Company's main business is to provide information technology services with mobile Internet precision marketing as the core, covering Internet advertising, Internet advertising agency and social e-commerce services. The Company is also engaged in the sales of medium and high-end fashion shoes and wholesale of other fashion products. The brands sold by the Company include ST&SAT, D:FUSE, SAFIYA, FONDBERYL and others.