China Yurun Food Group
Food industry company news
Latest News
China Yurun Food Group has halted the trading of its shares on the Hong Kong stock exchange after its subsidiary, Nanjing Yurun Food Co., defaulted on government-issued debts.
China Yurun Food Group recorded a net loss in 2012 as the company battled with a poor macro-economic environment, fluctuating hog prices and increasing costs.
China Yurun Food Group saw its shares drop today (1 November) after the meat processor reported a slump in third-quarter profits.
China Yurun Food Group has seen profits soar in the first half of the year as sales jumped.
The owner of New Zealand poultry firm Tegel Foods has confirmed it is mulling the future of the business.
Most Popular
Insights
- Nestle Q1 commentary - top takeaways
- Has organic become mainstream in the US?
- New activist investor may put Pinnacle in play
- Analysis: Innocent eyes UK appetite for dairy-free
- Interview: Danone CEO Faber on B Corp push
News
- Aryzta's CEO Europe Dermot Murphy steps down
- NPD Tracker - Noble Foods, Unilever, Sara Lee
- Ireland's LacPatrick Dairies to consider options
- EU bans meat from 20 Brazilian plants
- Young's Seafood up for sale, owners confirm
Market research
Get full access
