Huawen Food Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 08:51 am EDT
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Huawen Food Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 694.320 million compared to CNY 666.502 million a year ago. Operating income was CNY 103.894 million compared to CNY 102.101 million a year ago. Net income was CNY 84.656 million compared to CNY 78.732 million a year ago. Basic earnings per share from continuing operations was CNY 0.2352 compared to CNY 0.2187 a year ago.
Jinzai Food Group Co Ltd, formerly Huawen Food Co Ltd, is a China-based company principally engaged in the research and development, production and sales of flavored snack foods. The Company's main brands are Jinzai and Boweiyuan. The Company's main products include flavored small fish, flavored dried tofu and flavored dried meat and other traditional snack foods. Its product flavors include peppery and spicy, spicy, sauce-flavored, sweet and sour and other flavors. The Company distributes its products both in the domestic market and to overseas markets.