|
|
Article: SHUNXIN AGRICULTURE LIVE PIG SLAUGHTER PROFIT MARGIN TO 3%
- Article from:
- AsiaInfo Services
- Article date:
- April 10, 2009
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
AsiaInfo Services
04-10-2009
Shunxin Agriculture Live Pig Slaughter Profit Margin to 3%
BEIJING, Apr 10, 2009 (SinoCast Daily Business Beat via COMTEX) -- Beijing Shunxin Agriculture Co., Ltd. (SZSE: 000860), a major live pig slaughter in China, reaped net profits of merely CNY 51.7 million from the slaughter of 2.04 million pigs in 2008 or CNY 25 from each pig, with a profit margin of low to 3%.
Operating revenue reached CNY 5.18 billion last year, growing 14.47% over the same period of a year earlier; total profits were CNY 300 million, leaping 42.27% over a year earlier; net profits touched CNY 220 million, jumping 50.13% over the previous year, according to an annual report released on ...