November 4, 2005

 

Shanghai Bright Dairy sees fall in Q3 2005 profits
 

 

Shanghai Bright Dairy and Food Company reported a fall in its Q3 2005 profit to RMB50.52 million (about US$6.2 million), down 47 percent compared with the same period last year.

 

Reports attributed the fall in profit to intense competition among Chinese dairy companies.

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