Maiquer Group Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 09:02 am EDT
Share
Maiquer Group Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 645.558 million compared to CNY 496.721 million a year ago. Operating income was CNY 13.253 million compared to CNY 19.306 million a year ago. Net income was CNY 13.900 million compared to CNY 18.434 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.1059 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 
