Hong Yuan Holding Group (OTCMKTS:HGYN) Releases Quarterly Earnings Results

Hong Yuan Holding Group (OTCMKTS:HGYN) released its earnings results on Monday. The company reported $999.00 earnings per share for the quarter, Zacks reports. Hong Yuan Holding Group had a negative return on equity of 236.19% and a net margin of 18.67%.

Hong Yuan Holding Group Stock Performance

HGYN stock opened at $0.04 on Tuesday. Hong Yuan Holding Group has a 1-year low of $0.00 and a 1-year high of $0.24. The business has a 50 day simple moving average of $0.07 and a two-hundred day simple moving average of $0.07.

Hong Yuan Holding Group Company Profile

Hong Yuan Holding Group does not have significant operations. Previously, it was engaged in the development and commercialization of bio-based resins. The company was formerly known as Cereplast, Inc and changed its name to Hong Yuan Holding Group in June 2021. Hong Yuan Holding Group was incorporated in 2001 and is based in Zhengzhou, China.