Tingyi Cayman Islands (TCYMF) to Announce Quarterly Earnings on Tuesday

by · The Cerbat Gem

Tingyi Cayman Islands (OTCMKTS:TCYMF – Get Free Report) is projected to issue its results after the market closes on Tuesday, August 11th. Analysts expect the company to post earnings of $0.0618 per share and revenue of $6.0067 billion for the quarter.

Tingyi Cayman Islands Stock Performance

Shares of OTCMKTS:TCYMF remained flat at $1.45 during midday trading on Tuesday. Tingyi Cayman Islands has a 12 month low of $1.30 and a 12 month high of $1.45. The company has a current ratio of 0.72, a quick ratio of 0.60 and a debt-to-equity ratio of 0.31. The firm’s 50-day moving average price is $1.43 and its two-hundred day moving average price is $1.34.

About Tingyi Cayman Islands

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Tingyi Cayman Islands Holding Corp. is an investment holding company principally engaged in the production and sale of convenience foods and beverages. Its core operating subsidiary, Tingyi (Cayman Islands) Holding Corporation, is best known for its Master Kong–branded instant noodles and ready-to-drink beverages. The company’s portfolio also spans bottled water, brewed teas, fruit juices and packaged bakery items, serving both retail and foodservice channels.

Since its establishment in the early 1990s, Tingyi has built one of the largest distribution networks in Mainland China, covering more than 30 provinces and municipalities through a combination of direct sales teams and third-party distributors.

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