China Quanjudegroup Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 08:30 am EDT
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China QuanjudeGroup Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 205.652 million compared to CNY 180.258 million a year ago. Operating loss was CNY 51.207 million compared to CNY 94.488 million a year ago. Net loss was CNY 47.085 million compared to CNY 88.500 million a year ago. Basic loss per share from continuing operations was CNY 0.153 compared to CNY 0.2869 a year ago.
China Quanjude Group Co Ltd is a China-based company primarily engaged in catering services and food processing and sales business. The Company mainly operates three business. The catering business mainly engages in operating restaurants under the brand Quanjude, Fengzeyuan, Sichuanfandian and Fangshan. The merchandise sales business mainly engages in production and sales of pre-prepared dishes, specialty noodles, Chinese cakes, moon cakes, snack food and other products, and processing and sales of raw duck meat and cooked meat products. The leasing business mainly engages in the properties leasing business. The Company conducts its businesses within domestic market.