Haixin Foods Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 10:26 am
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Haixin Foods Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,082.3 million compared to CNY 1,066.92 million a year ago. Revenue was CNY 1,082.3 million compared to CNY 1,066.92 million a year ago. Net loss was CNY 30.66 million compared to net income of CNY 65.97 million a year ago. Basic loss per share from continuing operations was CNY 0.0638 compared to basic earnings per share from continuing operations of CNY 0.1372 a year ago. Diluted loss per share from continuing operations was CNY 0.0638 compared to diluted earnings per share from continuing operations of CNY 0.1372 a year ago.
HaiXin Foods Co.,Ltd. is a China-based company principally engaged in the manufacture and distribution of frozen and room temperature food products. The Companyâs frozen fish products include fish balls, meat swallows, cheese balls, lobster balls, fried cod tofu and crab cream. The Companyâs fast frozen meat products include meat balls and sausages, such as meat balls, beef balls, crab stick sausages and sweet olive sausages. The Companyâs room temperature leisure food products consist of crab sticks, fish tofu, crab cream rolls and plate burning fish. The Company distributes its products within domestic markets and to overseas markets, with East China, North China and South China as its main markets.