Shandong Longda Meishi Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 07:43 am EDT
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Shandong Longda Meishi Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 3,340.32 million compared to CNY 6,148.4 million a year ago. Revenue was CNY 3,340.32 million compared to CNY 6,148.4 million a year ago. Net income was CNY 23.43 million compared to CNY 214.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.21 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.19 a year ago.
Shandong Longda Meishi Co Ltd, formerly Shandong Longda Meat Foodstuff Co Ltd, is a China-based company mainly engaged in meat processing business. The Company's main businesses are slaughter finishing and meat product processing. The Company's main products include raw food and high and low temperature meat products such as cold fresh meat and frozen meat, frozen preparations, casual meat products and Xuanwei ham. The Company is also engaged in pig breeding business and the import trade of meat products.