Nongfu Spring Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2021
August 25, 2021 at 06:53 am EDT
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Nongfu Spring Co., Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2021. For the six months, the company reported revenue was RMB 15,174,757,000 compared to RMB 11,544,593,000 a year ago. Profit was RMB 4,012,918,000 compared to RMB 2,864,498,000 a year ago. Profit for the period attributable to owners of the parent was RMB 4,012,918,000 compared to RMB 2,864,498,000 a year ago. Basic and diluted earnings per share attributable to ordinary equity holders of the parent was RMB 0.36 compared to RMB 0.27 a year ago.
Nongfu Spring Co., Ltd. specializes in the production and marketing of natural spring water and beverages. Net sales break down by family of products as follows:
- packaged mineral water (57.4%): Nongfu Spring brand;
- ready-to-drink tea (15.4%): Tea ?, Oriental Leaf, Ganpu Tea, Brown Rice Tea and Mix Milk Tea brands;
- functional drinks (12.4%): Scream and Victory Vitamin Water brands;
- fruit juices (8.8%): Water Soluble C100, Farmer's Orchard, Nongfu Spring, NFC and Double Wedding Banquet brands;
- Other (6%): carbonated water, sparkling flavored drinks, coffee drinks, vegetable yoghurt, flavored carbonated drinks, agricultural products, etc.
China accounts for more than 99% of net sales.