Investing.com - Shenyang Toly Bread reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Shenyang Toly Bread announced earnings per share of ¥0.10 on revenue of ¥1.82. Analysts polled by Investing.com anticipated EPS of ¥0.17 on revenue of ¥1.97B.
Shenyang Toly Bread shares are down 26% from the beginning of the year, still down 51.18% from its 52 week high of ¥24.41 set on November 4, 2021.
Shenyang Toly Bread follows other major Consumer Staples sector earnings this month
Shenyang Toly Bread'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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