March 24, 2009
Yurun reports net profit growth for 2008
China's Yurun Food Group Limited, a leading vertically-integrated meat-product processor and supplier in China, Monday (Mar 23) announced its annual results for the year ended 31 December 2008.
In 2008, Yurun recorded HK$13,024 million (US$1.68 billion) in turnover, representing an on-year increase of 50.8 percent. The chilled meat and low temperature meat products were the main revenue growth drivers for the Group in 2008.
Meanwhile, the Group's 2008 gross profit was HK$1,690 million, an on-year increase of 38.5 percent while net profit was HK$1,138 million, representing an on-year increase of 32.4 percent.
US$1=HKD7.75 (Mar 24)
