Toly Bread Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 23, 2021 at 03:53 am
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Toly Bread Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 5,963.004 million compared to CNY 5,643.709 million a year ago. Operating income was CNY 1,126.710 million compared to CNY 863.045 million a year ago. Net income was CNY 882.839 million compared to CNY 683.358 million a year ago. Basic earnings per share from continuing operations was CNY 1.3316 compared to CNY 1.0373 a year ago.
Toly Bread Co Ltd, formerly Shenyang Toly Bread Co., Ltd., is a China-based company principally engaged in the production and sale of bakery products. The Company's major products include breads and cakes. The Company's breads consist of more than 30 products in three series, which includes soft breads, puff breads and conditioning breads. The Companyâs breads are sold under Toly brand. The Companyâs cakes are mainly developed for traditional holidays, such as moon cakes and rice dumplings.
TOLY BREAD CO.,LTD. 
