Shenzhen Cereals Holdings Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 06:55 am
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Shenzhen Cereals Holdings Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was CNY 5,262.189 million compared to CNY 4,740.428 million a year ago. Operating income was CNY 257.940 million compared to CNY 218.522 million a year ago. Net income was CNY 243.846 million compared to CNY 210.738 million a year ago. Basic earnings per share from continuing operations was CNY 0.2116 compared to CNY 0.1828 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.