Jiangsu Huifeng Bio Agriculture Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 02:04 pm IST
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Jiangsu Huifeng Bio Agriculture Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 64.11 million compared to CNY 484.72 million a year ago. Revenue was CNY 64.11 million compared to CNY 484.72 million a year ago. Net income was CNY 19.96 million compared to net loss of CNY 17.52 million a year ago. Basic earnings per share from continuing operations was CNY 0.0132 compared to basic loss per share from continuing operations of CNY 0.0116 a year ago. Diluted earnings per share from continuing operations was CNY 0.0132 compared to diluted loss per share from continuing operations of CNY 0.0116 a year ago.
JIANGSU HUIFENG BIO AGRICULTURE CO., LTD., formerly JIANGSU HUIFENG AGROCHEMICAL CO., LTD., is a China-based company principally engaged in the research, development, manufacture and distribution of agricultural pesticides and formulations. The Companyâs main products include fungicides, pesticides, herbicides, crop regulators, fine chemicals and chemical intermediates, among others. The Company is also involved in the warehousing, transportation and trading of oil and bulk chemicals, as well as the sale of grain seeds. The Company distributes its products in domestic market and to overseas markets.