Bestore Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 25, 2020 at 01:20 pm IST
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Bestore Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 5,529.868 million compared to CNY 5,459.667 million a year ago. Operating income was CNY 363.215 million compared to CNY 425.170 million a year ago. Net income was CNY 263.648 million compared to CNY 314.419 million a year ago. Basic earnings per share from continuing operations was CNY 0.67 compared to CNY 0.87 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.