Fortune Ng Fung Food Hebei Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 12, 2020 at 03:47 am EDT
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Fortune Ng Fung Food Hebei Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 456.711 million compared to CNY 720.848 million a year ago. Operating income was CNY 45.066 million compared to CNY 110.923 million a year ago. Net income was CNY 44.931 million compared to CNY 86.718 million a year ago. Basic earnings per share from continuing operations was CNY 0.0549 compared to CNY 0.1059 a year ago.
Fortune Ng Fung Food Hebei Co Ltd is a China-based company principally engaged in the livestock breeding and food processing business. The Company operates four segments. The Livestock Breeding and Food Processing segment is mainly engaged in beef cattle breeding, breeding and live cattle sales, slaughtering and beef and mutton sales, as well as food research and development, processing and manufacturing, processing and sales using various food ingredients as raw materials. The Catering Services segment mainly provides chain catering services. The Funeral Services segment is mainly engaged in the development and sales of cemeteries and funeral and cemetery services. The Ecological Agriculture segment is mainly engaged in the cultivation and sales of crops.