HaiXin Foods Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 08, 2022 at 04:42 am EDT
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HaiXin Foods Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,550.3 million compared to CNY 1,605.75 million a year ago. Net loss was CNY 34.43 million compared to net income of CNY 71.02 million a year ago. Basic loss per share from continuing operations was CNY 0.0716 compared to basic earnings per share from continuing operations of CNY 0.1477 a year ago.
HaiXin Foods Co.,Ltd. is a China-based company principally engaged in the manufacture and distribution of frozen and room temperature food products. The Companyâs frozen fish products include fish balls, meat swallows, cheese balls, lobster balls, fried cod tofu and crab cream. The Companyâs fast frozen meat products include meat balls and sausages, such as meat balls, beef balls, crab stick sausages and sweet olive sausages. The Companyâs room temperature leisure food products consist of crab sticks, fish tofu, crab cream rolls and plate burning fish. The Company distributes its products within domestic markets and to overseas markets, with East China, North China and South China as its main markets.