Shanghai Laiyifen Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 11:05 am EDT
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Shanghai Laiyifen Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,214.529 million compared to CNY 1,314.312 million a year ago. Operating income was CNY 108.447 million compared to CNY 101.704 million a year ago. Net income was CNY 80.289 million compared to CNY 73.225 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.22 a year ago.
Shanghai LaiYiFen Co., Ltd. is a China-based company primarily engaged in the management and operation of snack chain stores. It offers snacks including dried fruits, roasted seeds and nuts, aquatic products, preserved fruits, soy products, mushrooms, bamboo shoots, cakes, biscuits, candy, jelly, pudding, among others. The Company has snack stores in cities including Shanghai, Jiangsu, Zhejiang, Shandong, Hubei, Hunan, Anhui, Beijing, Tianjin, Sichuan and other regions. It also sells its snacks through www.laiyifen.com.
SHANGHAI LAIYIFEN CO.,LTD 
