Toly Bread Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 15, 2020 at 02:54 pm IST
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Toly Bread Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,322.683 million compared to CNY 1,142.347 million a year ago. Operating income was CNY 248.944 million compared to CNY 152.149 million a year ago. Net income was CNY 194.409 million compared to CNY 121.147 million a year ago. Basic earnings per share from continuing operations was CNY 0.2951 compared to CNY 0.1839 a year ago.
Toly Bread Co Ltd, formerly Shenyang Toly Bread Co., Ltd., is a China-based company principally engaged in the production and sale of bakery products. The Company's major products include breads and cakes. The Company's breads consist of more than 30 products in three series, which includes soft breads, puff breads and conditioning breads. The Companyâs breads are sold under Toly brand. The Companyâs cakes are mainly developed for traditional holidays, such as moon cakes and rice dumplings.
TOLY BREAD CO.,LTD. 
