Guangdong Yuehai Feeds Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 09:09 am EDT
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Guangdong Yuehai Feeds Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 982.11 million compared to CNY 762.58 million a year ago. Revenue was CNY 982.11 million compared to CNY 762.58 million a year ago. Net loss was CNY 41.69 million compared to CNY 20.02 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.06 compared to CNY 0.03 a year ago.
Guangdong Yuehai Feeds Group Co Ltd is a China-based company mainly engaged in feed production. The Company's main businesses are the research and development, production and sales of special aquatic feeds such as shrimp feed and seawater fish feed. The Company's main products are shrimp feed, sea bass feed, golden pomfret feed, large yellow croaker feed, grouper feed, yellow catfish feed, black snakehead feed, California sea bass feed and others. The Company is also engaged in the production of livestock feed, biologicals and aquatic products.