Youyou Foods Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 08:59 am EDT
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YouYou Foods Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 281.254 million compared to CNY 209.981 million a year ago. Operating income was CNY 70.007 million compared to CNY 47.067 million a year ago. Net income was CNY 60.061 million compared to CNY 41.095 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.13 a year ago.
YouYou Foods Co., Ltd. is a China-based company mainly engaged in research, development, production and sales of pickled peppers and spiced flavor snack foods. The Company has gradually formed a series of pickled peppers and spiced flavor snack foods, such as pickled chicken feet, marinated turkey wings and other meat products, supplemented by non-meat products such as dried beans, peanuts and bamboo shoots. The Company operates its business mainly in domestic market.