Henan Lotus Gourmet Powder Inc. Saw Profit Slump of 679.9%
By CnAgri2013-09-18 14:08:07
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Henan Lotus Gourmet Powder Inc. realized a sales revenue of RMB1.14 billion in the first half of this year, a substantial decrease from the same period of last year, attributable to market surplus and fierce competition.The company’s net profit attributable to share-holders was a negative RMB1.015 billion and its earnings per share RMB0.095, down 679.9% and 679.4% respectively on the year-on-year basis.
From "China Food Additives Market Monthly Report"
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