Pinlive Foods Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021 at 08:41 am
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Pinlive Foods Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 318.258 million compared to CNY 274.475 million a year ago. Operating income was CNY 34.958 million compared to CNY 29.008 million a year ago. Net income was CNY 30.035 million compared to CNY 24.396 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.33 a year ago.
Pinlive Foods Co Ltd is a China-based company mainly engaged in the development, import and sales of its own brand food and the cooperative agency sales of foreign food. The Company's products mainly include dairy products, beer, grains and oils, grains and biscuits and snacks. The Company operates self-developed brands such as Weidendorf dairy products, Wurenbacher beer, HANNRAE grains, etc., and MUELOLIVA olive oil and other cooperative brands. The Company mainly conducts its businesses in the China market.