Consumer Staples Jul 12, 2020 01:52 PM (GMT+8) · EqualOcean
The company expects net profit to be CNY 3.15 billion to CNY 3.2 billion, a year-on-year increase of 101.68%-104.88%, and basic earnings per share are expected to be CNY 0.76-CNY 0.77. Affected by the African swine fever epidemic, the gap between the domestic pig's supply and demand is large, and the price of pigs continues to rise. At the same time, the company's pig production has increased significantly compared with the same period, driving the company's net profit.
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