February 20, 2012

Fujian Sunner's profit soars to US$74.35-million

In its 2011 annual report, Fujian Sunner Development Co Ltd, a poultry breeding and processing firm in Southeast China, disclosed that it saw its net profit soar 68.46% on-year to RMB468 million (US$74.35 million).

Fujian Sunner Development posted a 50.34% on-year rise to RMB3.11 billion (US$0.49 billion) in 2011 revenue.

Its earnings per share amounted to RMB0.54 (US$0.09) in the reporting period, up 58.82% from a year earlier.