Shenzhen Cereals Holdings Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 05:53 am
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Shenzhen Cereals Holdings Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 4,740.428 million compared to CNY 4,782.167 million a year ago. Operating income was CNY 218.522 million compared to CNY 235.345 million a year ago. Net income was CNY 210.738 million compared to CNY 203.168 million a year ago. Basic earnings per share was CNY 0.1828 compared to CNY 0.1763 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 
