Youyou Foods Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 06:33 am EDT
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YouYou Foods Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,007.993 million compared to CNY 1,100.948 million a year ago. Operating income was CNY 205.640 million compared to CNY 204.983 million a year ago. Net income was CNY 179.051 million compared to CNY 178.200 million a year ago. Basic earnings per share from continuing operations was CNY 0.64 compared to CNY 0.79 a year ago.
YouYou Foods Co., Ltd. is a China-based company mainly engaged in research, development, production and sales of pickled peppers and spiced flavor snack foods. The Company has gradually formed a series of pickled peppers and spiced flavor snack foods, such as pickled chicken feet, marinated turkey wings and other meat products, supplemented by non-meat products such as dried beans, peanuts and bamboo shoots. The Company operates its business mainly in domestic market.