Pinlive Foods Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 09:21 am EDT
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Pinlive Foods Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 306.28 million compared to CNY 318.26 million a year ago. Revenue was CNY 306.28 million compared to CNY 318.26 million a year ago. Net income was CNY 7.41 million compared to CNY 30.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.3 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.3 a year ago.
Pinlive Foods Co Ltd is a China-based company mainly engaged in the development, import and sales of its own brand food and the cooperative agency sales of foreign food. The Company's products mainly include dairy products, beer, grains and oils, grains and biscuits and snacks. The Company operates self-developed brands such as Weidendorf dairy products, Wurenbacher beer, HANNRAE grains, etc., and MUELOLIVA olive oil and other cooperative brands. The Company mainly conducts its businesses in the China market.