Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

Chinese frozen food giant reports surging profit in H1

July 06, 2020


Abstract : Chinese frozen food giant Sanquan Foods has reported a jump in net profit in the first half of the year (H1).

BEIJING, July 5 (Xinhua) -- Chinese frozen food giant Sanquan Foods has reported a jump in net profit in the first half of the year (H1).

Its net profit rose by a range of 390 percent to 420 percent year on year to reach a range of 435 million yuan (about 61.6 million U.S. dollars) to 462 million yuan in H1, the company said in its preliminary earnings estimate filed with the Shenzhen Stock Exchange.

Sanquan Foods attributed the profit growth to optimized product portfolio, improvement in the quality of its sales channels, and product innovation.

The shares of the Shenzhen-listed company shed 0.07 percent to end at 27.26 yuan apiece on Friday. Enditem

Scan the QR code and push it to your mobile phone

Keyword: frozen food Sanquan Foods

Reading:

Olitalia to grow in the Far East with the extra-virgin olive oil and the vinegar of Modena

Roundup: Yiwu-Madrid express links China, EU during pandemic

State-owned enterprises in Tianjin 2020 to invest RMB76.9 bln to boost economic dev.

China's pork prices edge up

Profit of industrial enterprises above designated size fell 19.3 pct in Jan.- May

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial