Sichuan Teway Food Group Co.,Ltd Provides Earnings Guidance for the First Half of 2020
July 01, 2020
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Sichuan Teway Food Group Co.,Ltd provided earnings guidance for the first half of 2020. The company predicts an increase of between RMB 85 million and RMB 103.8 million in its net profit owned by shareholders of the listed company in the 1st half of 2020 compared with the same period of the year before, with a year-on-year increase of between 82.85% and 101.18%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 76 million and RMB 93 million compared with the year before, with a year-on-year increase of between 83.07% and 101.65%.
Sichuan Teway Food Group Co., Ltd. is a China-based company principally involved in the research and development, manufacturing and sales of Sichuan flavor compound seasonings. The Companyâs main products include hotpot condiment, Sichuan food seasonings, sausage bacon seasonings, spicy sauce and others. The Company's core brands include Dahongpao, Haorenjia, Tianche and Youdianhuo. The Company distributes its products within domestic market and to overseas markets.