New Hope Dairy Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 09:14 am EDT
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New Hope Dairy Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,316.71 million compared to CNY 2,014.1 million a year ago. Revenue was CNY 2,316.71 million compared to CNY 2,014.1 million a year ago. Net income was CNY 43.45 million compared to CNY 29.22 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.05 compared to CNY 0.03 a year ago.
New Hope Dairy Co., Ltd. is a China-based company which mainly develops, produces and sells dairy products and milk-containing beverages. The Company's products mainly include low-temperature fresh milk, low-temperature yogurt, low-temperature modulated milk, low-temperature milk beverage, normal-temperature pure milk, normal-temperature milk beverage, normal-temperature modulated milk, normal-temperature yogurt and milk powder. The main brands of the Company's products include New Hope, New Hope Shuangfeng, Shuangxi, Sanmu and others.