Shandong Huifa Foodstuff Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 21, 2020 at 03:51 am EDT
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Shandong Huifa Foodstuff Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 872.203 million compared to CNY 709.357 million a year ago. Operating income was CNY 9.098 million compared to operating loss of CNY 46.123 million a year ago. Net income was CNY 13.220 million compared to net loss of CNY 40.344 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to basic loss per share from continuing operations of CNY 0.24 a year ago.
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.