Apple Flavor & Fragrance Group Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 15, 2021 at 08:47 am
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Apple Flavor & Fragrance Group Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was CNY 2,668.255 million compared to CNY 2,474.657 million a year ago. Operating income was CNY 238.196 million compared to CNY 213.339 million a year ago. Net income was CNY 170.235 million compared to CNY 151.790 million a year ago. Basic earnings per share from continuing operations was CNY 0.532 compared to CNY 0.4743 a year ago. Sales was CNY 2,668.255 million compared to CNY 2,474.657 million a year ago. Operating income was CNY 238.196 million compared to CNY 213.339 million a year ago. Net income was CNY 170.235 million compared to CNY 151.790 million a year ago. Basic earnings per share from continuing operations was CNY 0.532 compared to CNY 0.4743 a year ago.
Apple Flavor & Fragrance Group Co., Ltd. is principally engaged in the research and development, production and sales of flavors and fragrance. The Companyâs major products include food flavors, tobacco flavors, fragrances, aroma chemicals and food additives. The Company also distributes butter, cheese, chocolate, cocoa and other ingredients of international luxuries brands.