YouYou Foods Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:31 am IST
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YouYou Foods Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 266.46 million compared to CNY 281.25 million a year ago. Revenue was CNY 266.46 million compared to CNY 281.25 million a year ago. Net income was CNY 21.44 million compared to CNY 60.06 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.2 a year ago.
YouYou Foods Co., Ltd. is a China-based company mainly engaged in research, development, production and sales of pickled peppers and spiced flavor snack foods. The Company has gradually formed a series of pickled peppers and spiced flavor snack foods, such as pickled chicken feet, marinated turkey wings and other meat products, supplemented by non-meat products such as dried beans, peanuts and bamboo shoots. The Company operates its business mainly in domestic market.