Lancy Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 17, 2021 at 05:24 am EDT
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Lancy Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,789.364 million compared to CNY 1,228.944 million a year ago. Operating income was CNY 81.734 million compared to operating loss of CNY 8.777 million a year ago. Net income was CNY 93.316 million compared to net loss of CNY 2.876 million a year ago. Basic earnings per share from continuing operations was CNY 0.2109 compared to basic loss per share from continuing operations of CNY 0.0066 a year ago.
LANCY CO., LTD. is a China-based company, principally engaged in the design, manufacture and distribution of women's clothing. The Company provides upper outer garments, skirts, pants, coats and others, including T-shirts, knitted apparels, shirts, leisure pants, skirts, one-piece dresses, overcoats, cotton garments, down coats, jackets and leather coats, among others. The Company distributes its products primarily under brands named LANCY FROM 25, LIME FLARE, marie n°mary and MOJO S.PHINE. The Company distributes its products within domestic market and to overseas markets.