Qianhe Condiment and Food Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 25, 2019 at 04:59 am
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Qianhe Condiment and Food Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 929.780 million compared to CNY 746.087 million a year ago. Operating income was CNY 161.206 million compared to CNY 207.031 million a year ago. Net income was CNY 136.802 million compared to CNY 173.952 million a year ago. Basic earnings per share from continuing operations was CNY 0.2981 compared to CNY 0.5336 a year ago. Diluted earnings per share from continuing operations was CNY 0.2915 compared to CNY 0.5336 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. 
