February 28, 2012

Hunan Dakang Pasture Farming's net profit soars 47.5% on-year

Hunan Dakang Pasture Farming Co Ltd released on February 24 in its 2011 annual report that it gained RMB59.75 million (US$9.49 million) in net profit, up 47.55% on-year, with earnings per share of RMB0.45 (US$0.07 million).

In the reporting period the company, Central China-based engaged in the breeding and distribution of pigs, reaped RMB480 million (US$76.2 million) in revenue, up 25.4% on-year.

Hunan Dakang Pasture Farming's share price climbed 0.48% on February 24.