Yantai Shuangta Food Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 04:00 am EDT
Share
Yantai Shuangta Food Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 449.2 million compared to CNY 468.19 million a year ago. Revenue was CNY 449.2 million compared to CNY 468.19 million a year ago. Net income was CNY 51.48 million compared to CNY 99.59 million a year ago. Basic earnings per share from continuing operations was CNY 0.0428 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.0428 compared to CNY 0.08 a year ago.
YANTAI SHUANGTA FOOD CO.,LTD. is a China-based company principally engaged in the production and distribution of agricultural and sideline products. The Company's main products include pure bean vermicelli, grain vermicelli, sweet potato vermicelli, pea protein, dietary fiber and edible fungus, among others. The Company distributes its products in domestic market and to overseas markets.