Qianhe Condiment and Food Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 15, 2021 at 06:46 am EDT
Share
Qianhe Condiment and Food Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,693.273 million compared to CNY 1,355.147 million a year ago. Operating income was CNY 261.914 million compared to CNY 231.836 million a year ago. Net income was CNY 205.801 million compared to CNY 198.253 million a year ago. Basic earnings per share from continuing operations was CNY 0.3108 compared to CNY 0.4304 a year ago. Diluted earnings per share from continuing operations was CNY 0.3078 compared to CNY 0.4183 a year ago.
Qianhe Condiment and Food Co Ltd is a China-based company mainly engaged in the research and development, production and sales of condiments such as soy sauce, vinegar and cooking wine. The Company's condiments, such as soy sauce and vinegar, use the trademark Qianhe and are mainly used in cooking at home and in catering businesses. The Company's products include soy sauce, vinegar, cooking wine and other products mainly caramel color, seasoning, sesame oil, oyster sauce and so on. The Company conducts its business in the domestic market.
QIANHE CONDIMENT AND FOOD CO., LTD. 
