Gansu Dunhuang Seed Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:57 am EDT
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Gansu Dunhuang Seed Group Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 694.260 million compared to CNY 684.782 million a year ago. Operating income was CNY 64.233 million compared to operating loss of CNY 138.584 million a year ago. Net income was CNY 74.291 million compared to net loss of CNY 33.116 million a year ago. Basic earnings per share from continuing operations was CNY 0.1408 compared to basic loss per share from continuing operations of CNY 0.2078 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.