China Quanjudegroup Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 06:46 am EDT
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China QuanjudeGroup Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 783.317 million compared to CNY 1,566.318 million a year ago. Operating loss was CNY 282.135 million compared to operating Income of CNY 70.375 million a year ago. Net loss was CNY 261.861 million compared to net income of CNY 44.627 million a year ago. Basic loss per share from continuing operations was CNY 0.849 compared to basic earnings per share from continuing operations of CNY 0.1447 a year ago.
China Quanjude (Group) Co., Ltd. is mainly engaged in the provision of restaurant services, as well as food processing and distribution. The Company operates in two segments. The Chinese Style Food segment provides All-Duck Banquet dishes represented by Quanjude roast duck, Man Han Quan Xi Fangshan dishes, Lu dishes represented by Cong Shao Hai Shen and Chuan dishes. The Food Industry segment is engaged in the production and distribution of Quanjude vacuum packaging, prepared foods and roast duck supplements. The Company owned directly-managed Quanjude restaurants in Beijing, Shanghai, Chongqing, Changchun, Qingdao, Zhengzhou, Hangzhou, Xinjiang, Shenyang, Hefei and others, and directly-managed Fangshan restaurants, directly-managed Fengzeyuan restaurants and directly-managed Sichuan Restaurants, as well as franchised Quanjude restaurants in Mainland China and overseas franchised Quanjude restaurants, and overseas franchised Fengzeyuan restaurant. It also sells processed food.
CHINA QUANJUDE(GROUP) CO.,LTD. 
