Sanquan Food Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 08:09 am EDT
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Sanquan Food Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 5,204.169 million compared to CNY 4,209.989 million a year ago. Operating income was CNY 713.130 million compared to CNY 125.892 million a year ago. Net income was CNY 570.589 million compared to CNY 116.591 million a year ago. Basic earnings per share from continuing operations was CNY 0.71 compared to CNY 0.15 a year ago.
Sanquan Food Co.,Ltd, formerly Zhengzhou Sanquan Foods Co., Ltd, is a China-based company principally engaged in the production and distribution of quick-frozen food products. The Company's main products are quick frozen food products made of wheat flour and rice, including quick-frozen glutinous rice balls, quick-frozen boiled dumplings, quick-frozen rice dumplings and quick-frozen flour pastry products. In addition, the Company also produces room temperature convenient food. The Company distributes its products mainly in domestic markets.
SANQUAN FOOD CO., LTD. 
