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Article: CHINESE DAIRY FIRM REPORTS SALES SURGE AFTER TAKEOVER OF SANLU.(Financial report)
- Article from:
- AsiaPulse News
- Article date:
- June 15, 2009
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BEIJING, June 15 Asia Pulse - Hebei Sanyuan, the dairy firm that bought most of the assets of the Sanlu Group, China's largest milk powder producer before its bankruptcy in the melamine contamination scandal, on Friday reported sales in May equal to total of the first four months.
Gao Qingshan, general manager of Hebei Sanyuan, said the firm's revenue in May hit 70 million yuan (US$10.23 million).
"Our daily milk powder output reached 24 tonnes, or 80 per cent of the total production ability of Sanlu's former factories, and the daily output of liquid milk amounted to 300 tonnes, 65 per cent of production ability. Production will be further expanded based ...