Ganyuan Foods Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 08:35 am EDT
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Ganyuan Foods Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,172.353 million compared to CNY 1,109.134 million a year ago. Operating income was CNY 241.863 million compared to CNY 225.987 million a year ago. Net income was CNY 179.272 million compared to CNY 167.996 million a year ago. Basic earnings per share from continuing operations was CNY 2.25 compared to CNY 2.4 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. 
