Shenzhen Cereals Holdings Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 12:30 pm
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Shenzhen Cereals Holdings Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was CNY 11,059.984 million compared to CNY 10,758.782 million a year ago. Operating income was CNY 433.573 million compared to CNY 341.220 million a year ago. Net income was CNY 363.501 million compared to CNY 308.331 million a year ago. Basic earnings per share was CNY 0.3154 compared to CNY 0.2675 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 
