Andy Su's net profit increased by 379% year-on-year in the first quarter

Andisu (600299) on April 16 released its first-quarter results report, the company's first-quarter revenue of 2.75 billion yuan, up 89% YoY, attributable to shareholders net profit of 560 million yuan, up 379% YoYThe Company intends to pay a cash dividend of RMB1.65 (including tax) to all shareholders on the basis of a total share capital of 2682 million shares as of December 31, 2015The total cash dividend paid for this time amounted to RMB440 millionAndesu's net profit attributable to shareholders in 2016 was rmb1.59 billion, up 4% year-on-year2Mx
The company said the first quarter of growth has been fully affected by the restructuring has been fully affected by the company's new production capacity, especially at the Nanjing liquid methionine plant began full production at an annual output of 140,000 tons; The product uses beneficial bacteria to improve feed utilization and serves as a natural alternative to the antibiotic growth promoter currently used in livestock and poultry farms2Mx
Jean-Marc DuBron, CEO of Andesu, said: "In the face of declining market conditions, Andesso's performance in the first quarter of 2016 was still in placeWhile adhering to the 'profitable growth' strategy, Andesso's business, particularly high value-added products, has flourishedOur performance validates the correctness of our growth strategy, which is to maintain leadership in the methionine while constantly innovating in specialty productsOur positive start to this year's first quarter results has strengthened our confidence in meeting our 2016 net profit target for shareholders of listed companies2MxAndesu (600299) on April 16 released its first-quarter results report, the company's first-quarter revenue of 2.75 billion yuan, up 89% YoY, attributable to shareholders net profit of 560 million yuan, up 379% YoYThe Company intends to pay a cash dividend of RMB1.65 (including tax) to all shareholders on the basis of a total share capital of 2682 million shares as of December 31, 2015The total cash dividend paid for this time amounted to RMB440 million Andesu's net profit attributable to shareholders in 2016 was rmb1.59 billion, up 4% year-on-year 2Mx
　　The company said the first quarter of growth has been fully affected by the restructuring has been fully affected by the company's new production capacity, especially at the Nanjing liquid methionine plant began full production at an annual output of 140,000 tons; The product uses beneficial bacteria to improve feed utilization and serves as a natural alternative to the antibiotic growth promoter currently used in livestock and poultry farms 2Mx
　　Jean-Marc DuBron, CEO of Andesu, said: "In the face of declining market conditions, Andesso's performance in the first quarter of 2016 was still in place While adhering to the 'profitable growth' strategy, Andesso's business, particularly high value-added products, has flourished Our performance validates the correctness of our growth strategy, which is to maintain leadership in the methionine while constantly innovating in specialty products Our positive start to this year's first quarter results has strengthened our confidence in meeting our 2016 net profit target for shareholders of listed companies 2Mx
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