Pinlive Foods Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 08:57 am EDT
Share
Pinlive Foods Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,090.577 million compared to CNY 960.818 million a year ago. Operating income was CNY 128.846 million compared to CNY 72.517 million a year ago. Net income was CNY 102.534 million compared to CNY 57.277 million a year ago. Basic earnings per share from continuing operations was CNY 1.3671 compared to CNY 0.7637 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.
PINLIVE FOODS CO., LTD. 