Ganyuan Foods Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 08:02 am EDT
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Ganyuan Foods Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 320.36 million compared to CNY 337.92 million a year ago. Revenue was CNY 320.36 million compared to CNY 337.92 million a year ago. Net income was CNY 22.51 million compared to CNY 41.15 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.44 a year ago. Diluted earnings per share from continuing operations was CNY 0.24 compared to CNY 0.44 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. 
