Bestore Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 04:10 pm IST
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Bestore Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 7,894.076 million compared to CNY 7,714.992 million a year ago. Operating income was CNY 483.625 million compared to CNY 471.398 million a year ago. Net income was CNY 343.579 million compared to CNY 340.354 million a year ago. Basic earnings per share from continuing operations was CNY 0.87 compared to CNY 0.95 a year ago.
Bestore Co., Ltd. is a China-based company mainly engaged in the research and development, procurement, sales and operation of snack foods, and sells its own brand snack foods through online and offline channels. The Company has formed a variety of categories and product portfolios covering meat snacks, roasted nuts, confectionery, dried fruit and preserved fruits, and vegetarian cherries. The Company operates its businesses primarily in the domestic market.