Guangdong Jialong Food Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 09:38 am EDT
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Guangdong Jialong Food Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 63.149 million compared to CNY 32.161 million a year ago. Operating income was CNY 4.726 million compared to operating loss of CNY 12.763 million a year ago. Net income was CNY 3.071 million compared to net loss of CNY 11.193 million a year ago. Basic earnings per share from continuing operations was CNY 0.0033 compared to basic loss per share from continuing operations of CNY 0.012 a year ago.
Guangdong Jialong Food Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of condiments. The Company's main products include chicken powder, chicken essence, chicken broth, custard power, green mustard, corn bran, tomato sauce and shiitake mushrooms and lavers. The Company distributes its products in the domestic market.