Shanghai Laiyifen Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 02:35 pm EDT
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Shanghai Laiyifen Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,315 million compared to CNY 1,214.53 million a year ago. Revenue was CNY 1,315 million compared to CNY 1,214.53 million a year ago. Net income was CNY 92.53 million compared to CNY 80.29 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.28 compared to CNY 0.24 a year ago.
Shanghai LaiYiFen Co., Ltd. is a China-based company primarily engaged in the management and operation of snack chain stores. It offers snacks including dried fruits, roasted seeds and nuts, aquatic products, preserved fruits, soy products, mushrooms, bamboo shoots, cakes, biscuits, candy, jelly, pudding, among others. The Company has snack stores in cities including Shanghai, Jiangsu, Zhejiang, Shandong, Hubei, Hunan, Anhui, Beijing, Tianjin, Sichuan and other regions. It also sells its snacks through www.laiyifen.com.