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 , still down 30.55% from its 52 week high of ¥26.25 set on Monday, July 11, 2022.
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 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.
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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