April 3, 2012


China Corn Oil sees US$28.11-million increase in 2011 net return



China Corn Oil Co Ltd reported that in 2011 it earned RMB177 million (US$28.11 million) in net income, a rise of 23.3% on-year, with earnings per share of RMB0.34 (US$0.05).


In the period, its revenue stood at RMB2.06 billion (US$0.33 billion), up 33.8% from the previous year.


The company, a Hong Kong-traded company engaged in the manufacture, sale, and export of edible corn oil, proposes a final dividend of HKD0.07 (US$0.01).

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