Investing.com - Chenguang Biotech Group reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Chenguang Biotech Group announced earnings per share of ¥0.18 on revenue of ¥1.57. Analysts polled by Investing.com anticipated EPS of ¥0.18 on revenue of ¥1.25B.
Chenguang Biotech Group shares are down 16.97% from the beginning of the year, still down 5.62% from its 52 week high of ¥17.97 set on March 2.
Chenguang Biotech Group shares gained 3.98% in intra-day trade following the report.
Chenguang Biotech Group follows other major Consumer Staples sector earnings this month
Chenguang Biotech Group'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.
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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