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Henan Shuanghui's profit up 111.2% in Q3

Oct. 22, 2012 (China Knowledge) - Henan Shuanghui Investment & Development Co<000895>, the listed unit of China's largest meat processor Henan Shuanghui Group, has announced its net profit for the third quarter of this year surge 111.19% YoY to RMB 949 million.

According to statement filed with Shenzhen Stock Exchange, basic earnings per share for the period were RMB 0.86.

In the three month ended September 30, 2012, the meat processor saw its operation revenue hit RMB 10.74 billion, reflecting a YoY increase of 14.95%.

From January to September, the Shenzhen listed company's operation revenue amounted to RMB 29.06 billion, and its net profit attributable to shareholders skyrocket 189.93% YoY to RMB 2.1 billion during the nine-month period.

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