Shandong Huifa Foodstuff Co.,Ltd. Provides Earnings Guidance for the First Half of 2020
July 16, 2020
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Shandong Huifa Foodstuff Co.,Ltd. provided earnings guidance for the first half of 2020. The company predicts the net profit owned by shareholders of the listed company in the 1st half of 2020 to be between RMB-8 million and RMB-5.5 million, with an increase of between RMB 38.38 million and RMB 40.88 million compared with the same period the year before, and a year-on-year increase of between 82% and 88%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB-8.88 million and RMB-6.38 million, with an increase by between RMB 37.93 million and RMB 40.43 million compared with the same period of the year before, and a year-on-year increase of between 81% and 86%.
Shandong Huifa Foodstuff Co., Ltd. is a China-based company principally engaged in the research and development, production and sales of quick-frozen prepared meat products. The Company mainly sales its products through wholesaling and directly retailing to customers. The Company's main products include quick-frozen ball products, sausage products, fried products and string meat products. The frozen ball products mainly include chicken balls, fish balls and other ball products. The sausage products mainly include kiss sausages, sweet-scented osmanthus sausages and waist sausages. The fried products include fish tofu and Wufu crisp products. The Company mainly operates its businesses in domestic market.
SHANDONG HUIFA FOODSTUFF CO.,LTD. 
