China Resources Enterprise (CRHKY) Projected to Post Quarterly Earnings on Friday

China Resources Enterprise (OTCMKTS:CRHKY) is anticipated to announce its results before the market opens on Friday, March 20th. Analysts expect the company to announce earnings of $0.0029 per share and revenue of $2.1437 billion for the quarter.

China Resources Enterprise Stock Up 0.8%

CRHKY stock opened at $6.60 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.83 and a quick ratio of 0.49. China Resources Enterprise has a 12 month low of $6.07 and a 12 month high of $7.75. The company’s 50-day moving average price is $6.84 and its two-hundred day moving average price is $6.98.

About China Resources Enterprise

China Resources Enterprise Limited is a Hong Kong–based conglomerate principally engaged in consumer products distribution, retail operations and food and beverage businesses. Established in 1993 as a publicly listed arm of the state-owned China Resources Group, the company has grown into one of the largest integrated consumer companies operating across Mainland China and Hong Kong.

In its retail division, China Resources Enterprise operates the CR Vanguard chain of supermarkets and convenience stores, supplemented by online grocery platforms and membership loyalty programmes.