Hainan Yedao Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 23, 2021 at 06:55 am EDT
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HaiNan Yedao Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 807.900 million compared to CNY 625.421 million a year ago. Operating income was CNY 21.388 million compared to operating loss of CNY 288.472 million a year ago. Net income was CNY 24.308 million compared to net loss of CNY 267.662 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to basic loss per share from continuing operations of CNY 0.6 a year ago.
Hainan Yedao Group Co Ltd is a China-based company that mainly engages in the production and sales of alcoholic products. The Company's business is operated through four major segments: Alcohol Production and Sales, Trade, Food and Beverages, and Others. The Company's main product matrix layout is based on the nourishing Coconut Island Deer and Turtle Wine, the light-keeping Coconut Island Neptune Wine, and the origin-brewed craft liquor. The main products include Deer and Turtle Wine, Neptune Wine, and Maotai-flavored liquor. In addition, the Company has laid out the coconut milk ecological beverage and soft drink (non-carbonated) business. The Company mainly operates its business in the domestic market.