Youyou Foods Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 06:31 am EDT
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YouYou Foods Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 751.737 million compared to CNY 863.660 million a year ago. Operating income was CNY 175.793 million compared to CNY 167.966 million a year ago. Net income was CNY 151.081 million compared to CNY 143.247 million a year ago. Basic earnings per share from continuing operations was CNY 0.56 compared to CNY 0.64 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.