Lu Tai Textile (000726): First Quarter Profit 104 Million Year-On-Year Decline Of 46.96%
Lu Tai A (000726) recently released its first quarter performance report in 2020, announcements that from January 1, 2020 to March 31, 2020, the company achieved operating income of 1252428965.20 yuan, down 18.94% compared with the same period last year, and the net profit attributable to shareholders of listed companies was 103518808.50 yuan, down 46.96% from the same period last year. Basic earnings per share of 0.12 yuan / share.
Dubei net learned that the net cash flow generated by Lu Tai A business activities was 145916523.77 yuan, mainly due to the reduction of 379 million yuan in cash payments for goods purchased and services received, and the decrease in cash received from sales of goods and services provided by 158 million yuan.
Statistics show that the main business of A is to produce and sell products of medium and high grade dyed fabrics, printing and dyeing fabrics and garments.
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