Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Company - Domestic
 Search News  Or
Bright Food's profit up 15.14% in 2011

Feb. 8, 2012 (China Knowledge) - Bright Food (Group) Co Ltd, a leading food producer and retailer in China, reaped RMB 1.38 billion in net profit attributable to shareholders last year, 15.14% more than it earned in 2010.

In 2011, the Chinese food supplier saw its gross profit increase 11.3% from the year 2010 to RMB 3.61 billion, and the firm's operating revenue totaled RMB 75.78 billion last year, up 19.8% year on year.

Bright Food also targets RMB 90 billion-operating revenue by the end of 2012, and its gross profit is expected to reach RMB 4.1 billion this year.

Shanghai-listed Bright Dairy & Food Co Ltd<600597>, the major unit of Bright Food, aims to reap RMB 13 billion in sales revenue this year. The unit's gross margin increased from 37% to 41% in 2011, nearly doubled the average level of 25% in China's dairy industry.

Guo Benheng, President of Bright Dairy & Food, said the company will put a cattle farm into operation by the end of this year with an annual milk output capacity of 13,200 tons.

A RMB 1.4 billion-milk plant, located in Shanghai, is estimated to produce 600,000 tons of milk with annual sales of RMB 4.6 billion, Guo added.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved