Shandong Bailong Chuangyuan Bio-Tech Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 392.56 million compared to CNY 306.47 million a year ago. Net income was CNY 78.36 million compared to CNY 51.78 million a year ago.
Basic earnings per share from continuing operations was CNY 0.3164 compared to CNY 0.25 a year ago.
Shandong Bailong Chuangyuan Bio-Tech Co Ltd is a China-based company mainly engaged in food additives. The Company's main businesses include prebiotic series products, mainly including fructooligosaccharides, isomalt oligosaccharides, galacto-oligosaccharides, xylo-oligosaccharides; dietary fiber series products, mainly including resistant dextrin and polydextrose; other starch sugar (alcohol) products, mainly including maltitol, fructose syrup, and maltose syrup; and healthy sweetener products, mainly for the research and development, production and sales of allulose. The Company's main products are widely used in food, dairy products, infant milk powder, functional beverages, health care products, medicine, animal nutrition and feed industries.
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