Zhangzidao Returns to Strong Profitability with Good Scallop Production This Year
SEAFOODNEWS.COM [istock] Translated by Amy Zhong May 9, 2017
Zhangzidao’s net profit is 4 million yuan in the first quarter of 2017, which skyrockets by 143.33% from the same period last year.
As Zhangzidao’s quarterly report shows, it has earned a revenue of 0.672 billion yuan during this first quarter, which rises by 6.09% from the same period last year. And the net profit attributable to parent is 3.69 million yuan, which skyrockets by 136.92%. The number is expected to range between 25 million to 35 million yuan during the first half of this year, which balloons by about 274% to 423%.
It's scallop ranching business
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