Fortune Ng Fung Food Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 28, 2022 at 03:22 pm EDT
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Fortune Ng Fung Food (Hebei) Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,241.83 million compared to CNY 1,067.23 million a year ago. Revenue was CNY 1,268.51 million compared to CNY 1,086.33 million a year ago. Net income was CNY 150.34 million compared to CNY 120.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.1836 compared to CNY 0.1475 a year ago. Diluted earnings per share from continuing operations was CNY 0.1836 compared to CNY 0.1475 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.