Feed Enterprises’ Performance in First Half of 2013

By CnAgri2013-07-25 10:47:55 Print Major Chinese feed producers’ profit was affected by bird flu and the sluggish market in the first half of this year.
 
Haid Group: Its net profit was estimated to be RMB134 ~ 168 million, down 1 ~ 20% on the year-on-year basis.
 
Dabeinong Group: Its net profit was estimated to be RMB311 ~ 342 million, up 1 ~ 10% on the year-on-year basis.
 
Tangrenshen: Its profit was estimated to be 37.6 ~ 62.67 million, down 5 ~ 30% on the year-on-year basis.
 
Tianbang: The company suffered a loss of RMB9 ~ 14 million, whereas its net profit was RMB8.538 million in the same period of last year.
 
Zhengbang Group: Its profit was RMB26.66 ~ 53.32 million, down 40 ~ 70% on the year-on-year basis.
 
Shuangbaotai Group: Its hog feed sales registered 3.8 million MT, an increase of 27% on the year-on-year basis.

From “China Livestock and Feed Market Weekly Report”