Maiquer Group Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 21, 2021 at 08:17 am EDT
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Maiquer Group Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 823.3 million compared to CNY 645.56 million a year ago. Revenue was CNY 823.3 million compared to CNY 645.56 million a year ago. Net income was CNY 17.55 million compared to CNY 13.9 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.07 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.