Guolian Profit Up More Than 400% in First Quarter
SEAFOODNEWS.COM [Seafood News] - translated by Amy Zhong - April 12, 2018
On April 9, Guolian released a performance report, stating the company’s net profit attributable to shareholders is between 95 million yuan to 100 million yuan (~$15 million to $15.9 million UD) in the past three months. The number skyrocketed by between 418 percent to 445 percent compared with the same period last year, while the average net profit of China’s cultivation industry has contracted by 3.5 percent.
This high profit resulted ...
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