Investing.com - Guangdong Wens Foodstuff reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Guangdong Wens Foodstuff announced earnings per share of ¥0.61 on revenue of ¥24.33. Analysts polled by Investing.com anticipated EPS of ¥0.25 on revenue of ¥19.5B.
Guangdong Wens Foodstuff shares are down 26% from the beginning of the year and are trading at ¥18.23 , down-from-52-week-high.
Guangdong Wens Foodstuff follows other major Consumer Staples sector earnings this month
Guangdong Wens Foodstuff's report follows an earnings missed by Kweichow Moutai on October 17, who reported EPS of ¥11.63 on revenue of ¥30.34B, compared to forecasts EPS of ¥12.13 on revenue of ¥31.69B.
Tongwei Co Ltd had beat expectations on Wednesday with third quarter EPS of ¥1.86 on revenue of ¥41.74B, compared to forecast for EPS of ¥1.69 on revenue of ¥32.27B.
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