Brief: Hf Foods Reports Q3 Loss Per Share $0.01

Hf Foods

09/11/2020 21:45

Nov 9 (Reuters) - Hf Foods Group Inc  HFFG.O :
    * HF FOODS REPORTS THIRD QUARTER 2020 FINANCIAL RESULTS
    * Q3 PRO FORMA LOSS PER SHARE $0.01
    * Q3 REVENUE ROSE 85 PERCENT TO $139.9 MILLION
    * Q3 LOSS PER SHARE $0.01
    * IN MONTHS OF MAY AND JUNE, WEEKLY SALES RECOVERED TO OVER
50%
AND 60% OF PRE-COVID-19 LEVELS
    * RECOVERY TREND IN IMPROVING SALES VOLUME CONTINUED INTO Q3
    * WITH CURRENT SALES VOLUMES AND ITS ADJUSTED COST
STRUCTURE,
GENERATING POSITIVE OPERATING CASH FLOWS ON A WEEKLY BASIS
    * TODAY, WEEKLY SALES VOLUME ARE STABLE AT ABOUT 70% OF
PRE-COVID-19 LEVELS

Source text for Eikon:  ID:nGNX3fgTmq 
Further company coverage:  HFFG.O 

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