February 24, 2012

Henan Chuying Agro-Pastoral posts US$68.27-million net profit

Henan Chuying Agro-Pastoral Co Ltd said on February 22 that its net turnover skyrocketed to RMB430 million (US$68.27 million) in 2011, 250.13% more than 2010, with earnings per share amounting to RMB1.61 (US$0.26).

Henan Chuying Agro-Pastoral Co Ltd is a Henan Province-based company which is engaged in the pig husbandry business.

In 2011 the company's revenue increased 90.36% on-year to RMB1.3 billion (US$0.21 billion) due mainly to an increase in the sales volume of pigs.