Entering Q4 2012, with the demand increase of poultry products, coupled with the estimated price decrease of feed (corn and soybean meal), Huaying Agricultural's performance will be improved.
In the past few years, domestic poultry market has developed rapidly, especially in total consumption volume. And this trend will continue in the future mainly driven by the per capita income increase of residents, urbanization process, people's consumption structure adjustment and favorable industrial policies.
Anhui Huilong Agricultural Means of Production Co., Ltd. (Huilong Agri), the only listed agricultural production means chain company in China, suffered a decline of 33.14% year on year in its net profit from Jan. to Sept. 2012 to USD11.67 million (RMB72.91 million), though the company's revenue increased by 19.67% year on year to USD1.36 billion (RMB8.51 billion) in the meantime.
AgriChina Investor is a monthly publication released by CCM’s. It covers sections of investment environment, investment dynamics, market watch, industry discovery, expert view and market review etc. AgriChina Investor will focus on the economic situation, governmental policy, financial capital flow, key players' dynamics, big events and hot issues, etc. in agriculture industry. Providing the most comprehensive information about the capital investment dynamics and market dynamics, this newsletter can make you clearly understand the investment environments in China's agriculture industry.
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