Shenzhen Cereals Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 26, 2019 at 06:02 pm
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Shenzhen Cereals Holdings Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 2,570.626 million compared to CNY 2,427.761 million a year ago. Operating income was CNY 130.862 million compared to CNY 135.746 million a year ago. Net income was CNY 121.325 million compared to CNY 125.145 million a year ago. Basic earnings per share from continuing operations was CNY 0.1053 compared to CNY 0.1086 a year ago.
Shenzhen Cereals Holdings Co Ltd is a China-based company mainly engaged in grain and oil business. The grain and oil trading business is mainly for the further processing of food and feed for customers such as large traders, feed and flour processing enterprises in the industry. The grain and oil processing business mainly deals with the processing and sale of flour, rice, edible oil and other products. The grain and oil reserve service business mainly provides dynamic grain and oil reserve services to local governments based in Shenzhen. The company also provides grain and oil circulation services such as warehousing and logistics, terminal loading and unloading, and quality inspection for upstream and downstream enterprises in the industrial chain.
SHENZHEN CEREALS HOLDINGS CO.,LTD 
