Bestore Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 10:19 am EDT
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Bestore Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,941.83 million compared to CNY 2,573.83 million a year ago. Revenue was CNY 2,941.83 million compared to CNY 2,573.83 million a year ago. Net income was CNY 93.06 million compared to CNY 102.1 million a year ago. Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.25 a year ago. Diluted earnings per share from continuing operations was CNY 0.23 compared to CNY 0.25 a year ago.
Bestore Co., Ltd. is a China-based company mainly engaged in the research and development, procurement, sales and operation of snack foods, and sells its own brand snack foods through online and offline channels. The Company has formed a variety of categories and product portfolios covering meat snacks, roasted nuts, confectionery, dried fruit and preserved fruits, and vegetarian cherries. The Company operates its businesses primarily in the domestic market.