Investing.com - Chacha Food reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Chacha Food announced earnings per share of ¥0.59 on revenue of ¥1.71. Analysts polled by Investing.com anticipated EPS of ¥0.58 on revenue of ¥1.76B.
Chacha Food shares are down 16.97% from the beginning of the year , still down 34.23% from its 52 week high of ¥66.53 set on Monday, December 27, 2021.
Chacha Food shares gained 5.45% in intra-day trade the report.
Chacha Food follows other major Consumer Staples sector earnings this month
Chacha Food's report follows an earnings missed by Kweichow Moutai on Monday, October 17, 2022, who reported EPS of ¥11.63 on revenue of ¥30.34B, compared to forecasts EPS of ¥12.13 on revenue of ¥31.69B.
Foshan Haitian Food had missed expectations on Thursday with third quarter EPS of ¥0.28 on revenue of ¥5.56B, compared to forecast for EPS of ¥0.3611 on revenue of ¥6.78B.
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