Lao Feng Xiang Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 49,628.658 million compared to CNY 43,784.473 million a year ago. Operating income was CNY 2,462.273 million compared to CNY 2,108.556 million a year ago. Net income was CNY 1,408.010 million compared to CNY 1,204.539 million a year ago. Basic earnings per share from continuing operations was CNY 2.6916 compared to CNY 2.3026 a year ago.