Shanghai Laiyifen Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2019
August 28, 2019 at 03:50 pm EDT
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Shanghai Laiyifen Co.,Ltd announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 2,037.608 million compared to CNY 1,992.758 million a year ago. Operating income was CNY 64.690 million compared to CNY 45.967 million a year ago. Net income was CNY 44.474 million compared to CNY 37.013 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.11 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.