Sanquan Food Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021 at 10:35 am
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Sanquan Food Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 3,638.672 million compared to CNY 3,729.654 million a year ago. Operating income was CNY 366.769 million compared to CNY 561.561 million a year ago. Net income was CNY 277.975 million compared to CNY 452.375 million a year ago. Basic earnings per share from continuing operations was CNY 0.34 compared to CNY 0.56 a year ago.
Sanquan Food Co.,Ltd, formerly Zhengzhou Sanquan Foods Co., Ltd, is a China-based company principally engaged in the production and distribution of quick-frozen food products. The Company's main products are quick frozen food products made of wheat flour and rice, including quick-frozen glutinous rice balls, quick-frozen boiled dumplings, quick-frozen rice dumplings and quick-frozen flour pastry products. In addition, the Company also produces room temperature convenient food. The Company distributes its products mainly in domestic markets.