Youyou Foods Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 18, 2020 at 08:45 am
Share
YouYou Foods Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 544.507 million compared to CNY 477.877 million a year ago. Operating income was CNY 148.318 million compared to CNY 110.186 million a year ago. Net income was CNY 129.368 million compared to CNY 93.925 million a year ago. Basic earnings per share from continuing operations was CNY 0.42 compared to CNY 0.37 a year ago.
YouYou Foods Co., Ltd. is a China-based company mainly engaged in research, development, production and sales of pickled peppers and spiced flavor snack foods. The Company has gradually formed a series of pickled peppers and spiced flavor snack foods, such as pickled chicken feet, marinated turkey wings and other meat products, supplemented by non-meat products such as dried beans, peanuts and bamboo shoots. The Company operates its business mainly in domestic market.