Angel Yeast Co., Ltd. Provides Earnings Guidance for the First Quarter of 2016
April 04, 2016
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Angel Yeast Co. Ltd. provided earnings guidance for the first quarter of 2016. According to preliminary statistics of its financial department, the company predicted that the net profit belonging to shareholders of the listed company will be about between RMB 98,369,700 and RMB 122,962,200 with a year-on-year increase of between 100% and 150%.
ANGEL YEAST CO., LTD is a China-based company, principally engaged in the manufacture and distribution of yeast and other products. The Company operates its businesses primarily through yeast and deep processed yeast product business, dairy product business, packing business and sugar refinery business. The Company mainly provides baker's yeast, brewing/distilling yeast, yeast extracts, healthy products, biological feeding additives and food materials, among others, which are applied in baking, alcohol, seasoning, medical, human health and animal nutrition industries. It offers its products under the brand name of Angel. The Company distributes its products within domestic market and to overseas markets.
ANGEL YEAST CO., LTD 
