Xinyangfeng Agricultural Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 14, 2021 at 09:15 am
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Xinyangfeng Agricultural Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 3,311.072 million compared to CNY 2,810.686 million a year ago. Operating income was CNY 435.440 million compared to CNY 240.894 million a year ago. Net income was CNY 340.743 million compared to CNY 192.159 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.15 a year ago.
YONFER Agricultural Technology Co Ltd, formerly Xinyangfeng Agricultural Technology Co Ltd, is a China-based company principally engaged in the research, development, production and sale of phosphate compound fertilizer and new fertilizers. The Company's main products include monoammonium phosphate, potassium sulfate compound fertilizer, urea-based compound fertilizer, tower compound fertilizer, bulk blend (BB) fertilizer, organic-inorganic fertilizer and calcium superphosphate, among others. The Company also provides solutions to the modern agricultural industry. The Company distributes its products in domestic market and to overseas markets.
YONFER AGRICULTURAL TECHNOLOGY CO., LTD. 
