Pinlive Foods Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 16, 2021 at 01:33 pm
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Pinlive Foods Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 688.829 million compared to CNY 682.191 million a year ago. Operating income was CNY 52.952 million compared to CNY 83.327 million a year ago. Net income was CNY 44.255 million compared to CNY 67.281 million a year ago. Basic earnings per share from continuing operations was CNY 0.44 compared to CNY 0.9 a year ago.
Pinlive Foods Co Ltd is a China-based company mainly engaged in the development, import and sales of its own brand food and the cooperative agency sales of foreign food. The Company's products mainly include dairy products, beer, grains and oils, grains and biscuits and snacks. The Company operates self-developed brands such as Weidendorf dairy products, Wurenbacher beer, HANNRAE grains, etc., and MUELOLIVA olive oil and other cooperative brands. The Company mainly conducts its businesses in the China market.