Guangxi Yuegui Guangye Holdings Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 20, 2021 at 06:30 am EDT
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Guangxi Yuegui Guangye Holdings Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,400.75 million compared to CNY 2,699.56 million a year ago. Revenue was CNY 2,400.75 million compared to CNY 2,699.56 million a year ago. Net income was CNY 278.37 million compared to net loss of CNY 52.95 million a year ago. Basic earnings per share from continuing operations was CNY 0.4165 compared to basic loss per share from continuing operations of CNY 0.0792 a year ago. Diluted earnings per share from continuing operations was CNY 0.4165 compared to diluted loss per share from continuing operations of CNY 0.0792 a year ago.
Guangxi Yuegui Guangye Holdings Co Ltd, formerly Guangxi Guitang Group Co Ltd, is a China-based company mainly engaged in the production and sales of sugar, paper, pulp, pyrite, sulfuric acid, iron ore powder, phosphate fertilizer and other products. The Company operates six segments. Machine-Made Sugar segment is mainly engaged in the production and sales of machine-made sugar (white sugar, brown sugar). Processing Trade Sugar segment is mainly engaged in the sales of processed trade sugar. Paper Industry segment is principally engaged in the production and sales of pulp and machine-made paper (specialty paper). Mining Industry segment is mainly engaged in the mining, processing and sales of pyrite. Chemical Industry segment is mainly engaged in the production and sales of sulfuric acid, reagent acid (refined sulfuric acid), iron ore powder (pyrite cinder) and phosphate fertilizer (generally calcium phosphate). The Company also conducts business through Property Sales segment.