Xinyangfeng Agricultural Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 06, 2021 at 09:29 am
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Xinyangfeng Agricultural Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 10,068.533 million compared to CNY 9,327.498 million a year ago. Operating income was CNY 1,201.877 million compared to CNY 812.231 million a year ago. Net income was CNY 954.762 million compared to CNY 651.053 million a year ago. Basic earnings per share from continuing operations was CNY 0.75 compared to CNY 0.5 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.