Sanquan Food Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 09:33 am EDT
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Sanquan Food Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 6,926.082 million compared to CNY 5,985.722 million a year ago. Operating income was CNY 962.347 million compared to CNY 252.792 million a year ago. Net income was CNY 767.902 million compared to CNY 220.021 million a year ago. Basic earnings per share from continuing operations was CNY 0.96 compared to CNY 0.27 a year ago.
Sanquan Food Co.,Ltd, formerly Zhengzhou Sanquan Foods Co., Ltd, is a China-based company principally engaged in the production and distribution of quick-frozen food products. The Company's main products are quick frozen food products made of wheat flour and rice, including quick-frozen glutinous rice balls, quick-frozen boiled dumplings, quick-frozen rice dumplings and quick-frozen flour pastry products. In addition, the Company also produces room temperature convenient food. The Company distributes its products mainly in domestic markets.
SANQUAN FOOD CO., LTD. 
