Qianhe Condiment and Food Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 14, 2020 at 03:46 am
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Qianhe Condiment and Food Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 799.212 million compared to CNY 594.079 million a year ago. Operating income was CNY 185.793 million compared to CNY 102.943 million a year ago. Net income was CNY 157.034 million compared to CNY 87.314 million a year ago. Basic earnings per share from continuing operations was CNY 0.2384 compared to CNY 0.1912 a year ago. Diluted earnings per share from continuing operations was CNY 0.2346 compared to CNY 0.1846 a year ago.
Qianhe Condiment and Food Co Ltd is a China-based company mainly engaged in the research and development, production and sales of condiments such as soy sauce, vinegar and cooking wine. The Company's condiments, such as soy sauce and vinegar, use the trademark Qianhe and are mainly used in cooking at home and in catering businesses. The Company's products include soy sauce, vinegar, cooking wine and other products mainly caramel color, seasoning, sesame oil, oyster sauce and so on. The Company conducts its business in the domestic market.
QIANHE CONDIMENT AND FOOD CO., LTD. 
