Investing.com - Sanquan Food A reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sanquan Food A announced earnings per share of ¥0.11 on revenue of ¥1.51. Analysts polled by Investing.com anticipated EPS of ¥0.15 on revenue of ¥1.66B.
Sanquan Food A shares are up 78% from the beginning of the year and are trading at ¥14.83 , down-from-52-week-high.
Sanquan Food A shares lost 0.47% in intra-day trade the report.
Sanquan Food A follows other major Consumer Staples sector earnings this month
Sanquan Food A'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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