Hainan Yedao Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:52 am
Share
HaiNan Yedao Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 486.791 million compared to CNY 572.956 million a year ago. Operating loss was CNY 32.150 million compared to CNY 129.406 million a year ago. Net loss was CNY 34.815 million compared to CNY 129.984 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to CNY 0.29 a year ago.
Hainan Yedao Group Co Ltd is a China-based company that mainly engages in the production and sales of alcoholic products. The Company's business is operated through four major segments: Alcohol Production and Sales, Trade, Food and Beverages, and Others. The Company's main product matrix layout is based on the nourishing Coconut Island Deer and Turtle Wine, the light-keeping Coconut Island Neptune Wine, and the origin-brewed craft liquor. The main products include Deer and Turtle Wine, Neptune Wine, and Maotai-flavored liquor. In addition, the Company has laid out the coconut milk ecological beverage and soft drink (non-carbonated) business. The Company mainly operates its business in the domestic market.
HAINAN YEDAO (GROUP) CO.,LTD 
