Shenzhen Cereals Holdings Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 07:51 am
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Shenzhen Cereals Holdings Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 7,937.847 million compared to CNY 7,480.859 million a year ago. Operating income was CNY 320.714 million compared to CNY 370.023 million a year ago. Net income was CNY 310.443 million compared to CNY 329.387 million a year ago. Basic earnings per share from continuing operations was CNY 0.2694 compared to CNY 0.2858 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 
