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Annual Report: Cofco Biochemical snout of 72% last year to 10 0.2 yuan

 Last Update: 2020-06-30
 Source: Internet
 Author: User

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On April 17,, COFCO Biochemicals (000930) disclosed its annual report that its operating income in 2013 was RMB7.34 billion, down 5.05% YoY;ywy
COFCO biochemical said that in 2013 the company's main products market continued to be depressed, competition is unusually fierce, the domestic and foreign economic situation is severe, citric acid, lysine industry expansion, overcapacity, raw material prices continue to be high, product prices fell sharply, fuel ethanol related policies gradually adjusted, industrial profit margins further squeezedywyApril 17, Cofco Biochemical (000930) disclosed its annual report that its operating income in 2013 was RMB7.34 billion, down 5.05% YoY;ywy
COFCO biochemical said that in 2013 the company's main products market continued to be depressed, competition is unusually fierce, the domestic and foreign economic situation is severe, citric acid, lysine industry expansion, overcapacity, raw material prices continue to be high, product prices fell sharply, fuel ethanol related policies gradually adjusted, industrial profit margins further squeezedywy
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