Guangdong Guanghong Holdings Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 03:52 am
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Guangdong Guanghong Holdings Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,915.715 million compared to CNY 1,592.074 million a year ago. Operating income was CNY 205.127 million compared to CNY 151.708 million a year ago. Net income was CNY 143.750 million compared to CNY 104.121 million a year ago. Basic earnings per share from continuing operations was CNY 0.25 compared to CNY 0.18 a year ago.
Guangdong Guanghong Holdings Co., Ltd. is a China-based company principally engaged in the sales of meat products. The Company operates its business through two segments. The Food segment is mainly engaged in frozen products sales, breeding poultry sales, breeding pig sales, pork pig sales, piglet sales, broiler sales, processed meat products sales, alcohol sales as well as cold storage operation, property leasing and logistics distribution. The Education Publication and Distribution segment is principally engaged in the total distribution and sales of books and electronic publications. The Company mainly provides primary and secondary teaching materials, kindergarten teaching materials and teaching auxiliary books. The Company mainly operates its business in Guangdong Province.
GUANGDONG GUANGHONG HOLDINGS CO.,LTD. 
