Gansu Dunhuang Seed Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 10:55 am EDT
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Gansu Dunhuang Seed Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 216.856 million compared to CNY 193.531 million a year ago. Operating income was CNY 29.946 million compared to operating loss of CNY 10.600 million a year ago. Net income was CNY 16.183 million compared to net loss of CNY 7.957 million a year ago. Basic earnings per share from continuing operations was CNY 0.0307 compared to basic loss per share from continuing operations of CNY 0.0151 a year ago.
Gansu Dunhuang Seed Group Co Ltd is a China-based company mainly engaged in the research and development, production, processing and sales of various types of crop seeds. The Company mainly conducts its businesses through three segments. The Seed Business segment is mainly engaged in the research and development, production, processing and sales of various types of crop seeds. The Food and Trade Business segment is mainly engaged in the production, processing and sales of dehydrated vegetables, tomato powder and tomato paste, as well as the acquisition, processing, warehousing and trading of cotton and its by-products and other agricultural products. The Other Business segment is mainly engaged in other seed-related businesses. The Company mainly conducts its businesses in domestic and overseas markets.