Haixin Foods Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 20, 2021 at 05:24 am EDT
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Haixin Foods Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,605.751 million compared to CNY 1,385.183 million a year ago. Operating income was CNY 96.571 million compared to CNY 8.835 million a year ago. Net income was CNY 71.020 million compared to CNY 6.839 million a year ago. Basic earnings per share from continuing operations was CNY 0.1477 compared to CNY 0.0142 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.