HaiXin Foods Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2022
July 28, 2022 at 05:07 am EDT
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HaiXin Foods Co.,Ltd reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 687.73 million compared to CNY 686.22 million a year ago. Revenue was CNY 690.41 million compared to CNY 688.58 million a year ago. Net income was CNY 20.79 million compared to net loss of CNY 24.02 million a year ago. Basic earnings per share from continuing operations was CNY 0.0433 compared to basic loss per share from continuing operations of CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.0433 compared to diluted loss per share from continuing operations of CNY 0.05 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.