Fortune Ng Fung Food Hebei Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 09:46 am
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Fortune Ng Fung Food Hebei Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,086.334 million compared to CNY 1,446.840 million a year ago. Operating income was CNY 67.585 million compared to CNY 180.876 million a year ago. Net income was CNY 120.758 million compared to CNY 209.542 million a year ago. Basic earnings per share from continuing operations was CNY 0.1475 compared to CNY 0.2559 a year ago.
Fortune Ng Fung Food Hebei Co Ltd is a China-based company principally engaged in the livestock breeding and food processing business. The Company operates four segments. The Livestock Breeding and Food Processing segment is mainly engaged in beef cattle breeding, breeding and live cattle sales, slaughtering and beef and mutton sales, as well as food research and development, processing and manufacturing, processing and sales using various food ingredients as raw materials. The Catering Services segment mainly provides chain catering services. The Funeral Services segment is mainly engaged in the development and sales of cemeteries and funeral and cemetery services. The Ecological Agriculture segment is mainly engaged in the cultivation and sales of crops.