Zhitong Financial APP News, Changjiang Garment (00294) announced its interim results for the six months ended September 30, 2021, with revenue of HK $162 million, down 26.4% from the same period last year. Profit attributable to shareholders was HK $8.494 million, compared with a loss of HK $22.391 million and a profit of HK $0.04 per share in the same period last year.
The announcement said that although the company's core clothing business made a loss during the period under review, the company benefited from a positive return on investment in the Wuxi joint venture, resulting in an improvement in the overall performance of the group. During the 2019 coronavirus outbreak, the company's customers were very cautious about buying, so the company's core business revenue decreased by 26% compared with the same period last year.