Maiquer Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 08:22 am
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Maiquer Group Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 345.75 million compared to CNY 216.72 million a year ago. Revenue was CNY 345.75 million compared to CNY 216.72 million a year ago. Net income was CNY 3.85 million compared to CNY 5.32 million a year ago. Basic earnings per share from continuing operations was CNY 0.0221 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.0221 compared to CNY 0.03 a year ago.
Maiquer Group CO.,LTD is a China-based food processing company. The Company is principally engaged in the manufacture of dairy products, as well as the operation of bakery chain stores. The Company's main products include dairy products (such as sterilized milk, reconstituted milk and milk-containing beverages), bakery products (including breads, cakes, Chinese and Western cakes and mooncakes) and frozen rice products. The Company distributes its products under the brand Maiquer. The Company is also involved in the research, development and processing of holiday food products. The Company operates bakery franchise stores in Xinjiang Province, Beijing and Zhejiang Province. The Company operates its business in domestic market.