Jilin Forest Industry Co., Ltd. Reports Earnings Results for the Fourth Quarter Ended March 31, 2019
April 29, 2019 at 09:19 pm IST
Share
Jilin Forest Industry Co., Ltd. announced earnings results for the fourth quarter ended March 31, 2019. For the fourth quarter, the company announced sales was CNY 222.751 million compared to CNY 198.891 million a year ago. Operating income was CNY 17.991 million compared to CNY 24.880 million a year ago. Net income was CNY 21.367 million compared to CNY 18.581 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.04 a year ago. For the full year, sales was CNY 1,546.473 million compared to CNY 1,026.070 million a year ago. Operating income was CNY 71.950 million compared to CNY 45.874 million a year ago. Net income was CNY 41.978 million compared to CNY 11.982 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.03 a year ago.
Jilin Quanyangquan Co Ltd, formerly Jilin Forest Industry Co Ltd, is a China-based company principally engaged in the production and sales of Changbai Mountain natural drinking mineral water. The Company's main product is Quanyangquan Changbai Mountain natural mineral water. In addition, the Company is also engaged in garden landscape planning and design, garden engineering construction, garden maintenance and seedling planting and sales, timber product business, imported timber trade and custom home furnishing business. The Company mainly conducts its businesses in the domestic market.