Liaoning Wellhope Agri-Tech Joint Stock Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 21, 2021 at 02:40 pm IST
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Liaoning Wellhope Agri-Tech Joint Stock Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 6,323.388 million compared to CNY 4,457.455 million a year ago. Operating income was CNY 366.901 million compared to CNY 388.868 million a year ago. Net income was CNY 290.928 million compared to CNY 303.680 million a year ago. Basic earnings per share from continuing operations was CNY 0.32 compared to CNY 0.33 a year ago.
Wellhope Foods Co Ltd is a China-based company primarily engaged in the production and sales of feed. The Company is mainly engaged in three businesses. The feed and feed raw material trading business is mainly engaged in the production and sales of pig feed, poultry feed, ruminant feed and other feed, as well as bulk feed raw materials such as fish meal, soybean meal, corn by-products, and feed additive products such as amino acids, antioxidants, antifungal agents, and vitamins. The meat and poultry business is mainly engaged in broiler breeder chicken breeding, hatching, feed production, commercial broiler chicken breeding, broiler slaughtering and processing, as well as deep processing of prepared products and cooked food. The pig business is mainly engaged in breeding and sales of breeding pigs, sales of commercial piglets, free-range fattening pigs and a small amount of self-raising, and pig slaughtering. The Company mainly conducts its businesses in the domestic market.
WELLHOPE FOODS CO., LTD. 
