Ganyuan Foods Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 09, 2021 at 05:41 pm IST
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Ganyuan Foods Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 543.769 million compared to CNY 490.224 million a year ago. Operating income was CNY 51.012 million compared to CNY 92.305 million a year ago. Net income was CNY 37.022 million compared to CNY 68.764 million a year ago. Basic earnings per share from continuing operations was CNY 0.4 compared to CNY 0.98 a year ago.
Gan Yuan Foods Co Ltd is a company engaged in research and development, production and sales of snack foods. The Company's products consist of three categories. The roasted seeds and nuts products include melon seeds, broad beans, green peas and peanuts; nuts products include walnuts, almonds, pistachios, macadamia nuts and pine nuts; cereal crisp products include rice crisps, rice crackers, twists and rice noodles. The Company sells its products using distribution model, e-commerce model and other models, and the other models mainly include direct sales from shopping malls and supermarkets and entrusted processing.