Shanghai Laiyifen Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 02:05 pm IST
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Shanghai Laiyifen Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,136.361 million compared to CNY 2,037.608 million a year ago. Operating income was CNY 36.464 million compared to CNY 64.690 million a year ago. Net income was CNY 12.342 million compared to CNY 44.474 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.13 a year ago.
Shanghai LaiYiFen Co., Ltd. is a China-based company primarily engaged in the management and operation of snack chain stores. It offers snacks including dried fruits, roasted seeds and nuts, aquatic products, preserved fruits, soy products, mushrooms, bamboo shoots, cakes, biscuits, candy, jelly, pudding, among others. The Company has snack stores in cities including Shanghai, Jiangsu, Zhejiang, Shandong, Hubei, Hunan, Anhui, Beijing, Tianjin, Sichuan and other regions. It also sells its snacks through www.laiyifen.com.