Qianhe Condiment and Food Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 26, 2019 at 12:48 pm EDT
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Qianhe Condiment and Food Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 594.079 million compared to CNY 478.839 million a year ago. Operating income was CNY 102.943 million compared to CNY 160.546 million a year ago. Net income was CNY 87.314 million compared to CNY 135.481 million a year ago. Basic earnings per share from continuing operations was CNY 0.1912 compared to CNY 0.4156 a year ago. Diluted earnings per share from continuing operations was CNY 0.1846 compared to CNY 0.4156 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. 
