Guolian Previews Strong Profit Rebound This Year With Improvements on Many Fronts
SEAFOODNEWS.COM [SeafoodNews] Translated by Amy Zhong October 20, 2016
Guolian Aquatic's Board of directors has issued a statement previewing the companies strong performance this year. The unaudited reports from the company's accounting department indicate that for the first three-quarters of the year, profits have reached 60 to 65 million Yuan, a big improvement over profit of only 3 million Yuan for the same period in the prior year.
The Board laid out a number of positive reason for the company's improved performance:
First, the company has improved its product mix to raise sales of high gross profit to chain restaurants. It is also moving more into further processing.
Second, the company has improved its sales channels, both in export and domestic markets. In the export market, it has increased profits through making full use ..
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