Ganyuan Foods Co., Ltd. Announces Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 09:02 am EDT
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Ganyuan Foods Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the period, the company announced sales was CNY 793.755 million compared to CNY 723.262 million a year ago. Operating income was CNY 167.046 million compared to CNY 137.462 million a year ago. Net income was CNY 124.095 million compared to CNY 102.464 million a year ago. Basic earnings per share from continuing operations was CNY 1.65 compared to CNY 1.47 a year ago.
Gan Yuan Foods Co Ltd is a company engaged in research and development, production and sales of snack foods. The Company's products consist of three categories. The roasted seeds and nuts products include melon seeds, broad beans, green peas and peanuts; nuts products include walnuts, almonds, pistachios, macadamia nuts and pine nuts; cereal crisp products include rice crisps, rice crackers, twists and rice noodles. The Company sells its products using distribution model, e-commerce model and other models, and the other models mainly include direct sales from shopping malls and supermarkets and entrusted processing.
GANYUAN FOODS CO., LTD. 
