Jiangsu Huifeng Bio Agriculture Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 19, 2020 at 04:44 am EDT
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Jiangsu Huifeng Bio Agriculture Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,223.786 million compared to CNY 987.591 million a year ago. Operating income was CNY 125.552 million compared to operating loss of CNY 248.305 million a year ago. Net income was CNY 148.311 million compared to net loss of CNY 189.584 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to basic loss per share from continuing operations of CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to diluted loss per share from continuing operations of CNY 0.1 a year ago.
JIANGSU HUIFENG BIO AGRICULTURE CO., LTD., formerly JIANGSU HUIFENG AGROCHEMICAL CO., LTD., is a China-based company principally engaged in the research, development, manufacture and distribution of agricultural pesticides and formulations. The Companyâs main products include fungicides, pesticides, herbicides, crop regulators, fine chemicals and chemical intermediates, among others. The Company is also involved in the warehousing, transportation and trading of oil and bulk chemicals, as well as the sale of grain seeds. The Company distributes its products in domestic market and to overseas markets.