April 23, 2012

Fujian Sunner Development Co Ltd said in its quarterly report that it recorded an on-year growth of 71.49% in net profit to RMB77.47 million (US$12.29 million) in Q1, with basic earnings per share standing at RMB0.085 (US$0.0135).

Meanwhile its revenue amounted to RMB922 million (US$146.26 million), up 69.65% on-year.

Fujian Sunner, a Fujian Province-based company which is engaged in the breeding and processing of poultry, also predicted an increase of 0%-50% in net profit for the first six months.