Guolian Loses Most of its Profitability in 2015
SEAFOODNEWS.COM [News 10 JKQA] Translanted by Amy Zhong
Guolian’s profitability is estimated to have dropped between 93% to 99% during 2015.
Guolian’s net incomes attributable to shareholders are between 2 million yuan to 15 million from January to December of 2015, according to the company's January 29th performance report. This represents a decline of 93 to 99% from income in 2014.
This bad news results in the drop of the company’s share prices.
During the reported year, the average net profit growth has decreased by 32.04% in the aquaculture industry, while the company’s net profit declines by 72% to 102% in 2015. ..
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