Financial News
Written by: Zhang Weilun
2020-11-27 19:43
Last update date: 2020-11-27 19:43
Fulum Group (1443) announced its interim results as of the end of September this year. During the period, it turned into profit and lost 95.9 million yuan without dividends.
The revenue for the period was 565 million yuan, a 47.8% decrease year-on-year.
In the first half of the current fiscal year, Fulin received RMB 68.624 million in government subsidies.
The company pointed out that it will actively seek opportunities for industry mergers and acquisitions, and continue to look for catering brands with different food cultures and popular dishes as well as authentic snacks, especially Asian brands as the main targets for mergers and acquisitions, in order to develop Fulum into a diversified catering kingdom.
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Fulum Interim Results