Investing.com - Sichuan Teway Food Group Co reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sichuan Teway Food Group Co announced earnings per share of ¥0.10 on revenue of ¥694.50. Analysts polled by Investing.com anticipated EPS of ¥0.07 on revenue of ¥540.89M.
Sichuan Teway Food Group Co shares are down 26% from the beginning of the year, still down 6.19% from its 52 week high of ¥29.87 set on July 4.
Sichuan Teway Food Group Co follows other major Consumer Staples sector earnings this month
Sichuan Teway Food Group Co'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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