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19 days ago
BRIEF-Muyuan Foods sees H1 net profit up, posts lower m/m average selling prices in June
July 5, 2017 / 9:35 AM / 19 days ago

BRIEF-Muyuan Foods sees H1 net profit up, posts lower m/m average selling prices in June

1 Min Read

July 5 (Reuters) - Muyuan Foods Co Ltd

* Says it expects H1 net profit to rise to 1.19-1.21 billion yuan ($175.03-$177.97 million) versus net profit of 1.07 billion yuan year ago

* Says June hog sales at 919 million yuan, average selling price down 1.5 percent m/m at 13.26 yuan/kg

Source text in Chinese: bit.ly/2toNxtZ; bit.ly/2sLuUP5

Further company coverage: ($1 = 6.7988 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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