Gansu Dunhuang Seed Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 10:55 am EDT
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Gansu Dunhuang Seed Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 216.856 million compared to CNY 193.531 million a year ago. Operating income was CNY 29.946 million compared to operating loss of CNY 10.600 million a year ago. Net income was CNY 16.183 million compared to net loss of CNY 7.957 million a year ago. Basic earnings per share from continuing operations was CNY 0.0307 compared to basic loss per share from continuing operations of CNY 0.0151 a year ago.
Gansu Dunhuang Seed Group Co.,Ltd., formerly Gansu Dunhuang Seed Co., Ltd., is a China-based company principally engaged in seed, cotton and food processing businesses. Through its seed business, the Company primarily provides corn seeds, wheat seeds, rice seeds, as well as melon and vegetable seeds, and others. Through its food processing business, the Company primarily provides cotton protein oil and fat, dehydrated vegetables, tomato powder, tomato sauce and others.