BAIRUN’s Profit Slumped in 1st Quarter of 2013

By CnAgri2013-05-09 10:56:23 Print According to its quarterly report, Shanghai Bairun Flavor & Fragrance Co., Ltd. realized a sales revenue of RMB29.025 million and a net profit attributable to its parent company of RMB8.275 million in the first quarter of this year, down 14.91% and 29.95% respectively on the year-on-year basis. Its earnings per share was RMB0.05, down 28.57% on the year-on-year basis. It is predicted that the company’s net profit may be RMB27 ~ 38 million in the first quarter of this year, suggesting a gloomy prospect.

From "China Food Additives Market Monthly Report"