Chempartner Pharmatech Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:35 am EDT
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Chempartner Pharmatech Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,261.48 million compared to CNY 1,069.36 million a year ago. Revenue was CNY 1,261.48 million compared to CNY 1,069.36 million a year ago. Net income was CNY 14.83 million compared to CNY 83.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.17 a year ago. Diluted earnings per share from continuing operations was CNY 0.03 compared to CNY 0.17 a year ago.
ChemPartner PharmaTech Co Ltd, formerly Quantum Hi-tech China Biological Co Ltd, is a China-based company principally engaged in the research, development, production, and sales of fructooligosaccharides and other prebiotics. The Company's main products include fructooligosaccharides and galactooligosaccharides. The Company owns brands names of FOS and GOS. The Company's products are mainly used in nutrition and health products, dairy products, beverages, baked goods, functional candy and snack foods. The Company distributes its products mainly in domestic market, with South China as its main market.