Guilin Seamild Foods Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 05:18 pm IST
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Guilin Seamild Foods Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 298.180 million compared to CNY 189.582 million a year ago. Operating income was CNY 62.584 million compared to CNY 43.040 million a year ago. Net income was CNY 52.973 million compared to CNY 34.956 million a year ago. Basic earnings per share from continuing operations was CNY 0.33 compared to CNY 0.22 a year ago.
Guilin Seamild Foods Co., Ltd. is a China-based company principally engaged in the research and development, production and sales of oatmeal food. The Company's main product is the Seamild brand oatmeal, which includes pure oats series oatmeal and composite series oatmeal. Among them, the pure oat series oatmeal mainly includes green oatmeal series and organic oatmeal series. The composite series oatmeal mainly includes Western Australia sunshine milk oatmeal series, balanced nourishing oatmeal series and middle-aged nutrition oatmeal series. The Company's mainly distributes its products in the domestic market.