Juewei Food Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 04:02 am EDT
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Juewei Food Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 4,846.63 million compared to CNY 3,885.49 million a year ago. Revenue was CNY 4,846.63 million compared to CNY 3,885.49 million a year ago. Net income was CNY 964.08 million compared to CNY 520.03 million a year ago. Basic earnings per share from continuing operations was CNY 1.58 compared to CNY 0.85 a year ago. Diluted earnings per share from continuing operations was CNY 1.58 compared to CNY 0.85 a year ago.
Juewei Food Co Ltd is a China-based company principally engaged in the research, development, production and sales of marinating snack foods. The Company operates through three main segments. The Marinating Snack Foods segment is mainly engaged in the production and sales of marinating foods. The products can be divided into two categories, including marinating meat snack foods which are made from raw materials, such as duck meat, chicken and pork, as well as marinating vegan snack foods which are made from green soy beans, carrots and peanuts. The Franchisee Management segment is mainly engaged in the enterprise management and the provision of consulting services. The Others segment is primarily engaged in the container cleaning and provision of product packages, among others.