Maiquer Group Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2019
August 25, 2019 at 12:08 pm EDT
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Maiquer Group Co.,Ltd announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 289.744 million compared to CNY 297.287 million a year ago. Operating income was CNY 8.775 million compared to CNY 14.495 million a year ago. Net income was CNY 8.053 million compared to CNY 12.569 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.12 a year ago.
Maiquer Group CO.,LTD is a China-based food processing company. The Company is principally engaged in the manufacture of dairy products, as well as the operation of bakery chain stores. The Company's main products include dairy products (such as sterilized milk, reconstituted milk and milk-containing beverages), bakery products (including breads, cakes, Chinese and Western cakes and mooncakes) and frozen rice products. The Company distributes its products under the brand Maiquer. The Company is also involved in the research, development and processing of holiday food products. The Company operates bakery franchise stores in Xinjiang Province, Beijing and Zhejiang Province. The Company operates its business in domestic market.
MAIQUER GROUP CO.,LTD 
