HaiXin Foods Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 04:38 pm IST
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HaiXin Foods Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 378.19 million compared to CNY 418.05 million a year ago. Revenue was CNY 378.19 million compared to CNY 418.05 million a year ago. Net income was CNY 19.35 million compared to CNY 12.8 million a year ago. Basic earnings per share from continuing operations was CNY 0.0402 compared to CNY 0.0266 a year ago. Diluted earnings per share from continuing operations was CNY 0.0402 compared to CNY 0.0266 a year ago.
HaiXin Foods Co.,Ltd. is a China-based company principally engaged in the manufacture and distribution of frozen and room temperature food products. The Companyâs frozen fish products include fish balls, meat swallows, cheese balls, lobster balls, fried cod tofu and crab cream. The Companyâs fast frozen meat products include meat balls and sausages, such as meat balls, beef balls, crab stick sausages and sweet olive sausages. The Companyâs room temperature leisure food products consist of crab sticks, fish tofu, crab cream rolls and plate burning fish. The Company distributes its products within domestic markets and to overseas markets, with East China, North China and South China as its main markets.