Guolian Discards Aquaculture, Turns to Instant Dishes Despite Uncertain Future
This July, during an online talk with investors, Guolian said it has given up its aquaculture business. It is not such shocking news, since the company has talked about this plan back in its 2021 report. And it is far from surprising considering great losses in the farming sector, much better performance of the processing one, along with great increase in the sales of instant dishes during recent years.
A review of its reports these past three years shows that over 90% of their revenue come from...
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