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.