Zhongpin

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CHINA: Competition in pork hits Zhongpin profits

10 May 2013

Chinese meat group Zhongpin cited "intense" competition in the country's pork sector after it posted falling first-quarter profits and muted sales growth.

CHINA: Profits down at meat group Zhongpin

18 Mar 2013

Competition in China's pork sector hit annual profits at local meat group Zhongpin in 2012.

CHINA: Zhongpin CEO takes meat firm private

26 Nov 2012

Chinese meat firm Zhongpin is set to be taken private by its chairman and chief executive.

CHINA: Costs, competition hit profits at meat firm Zhongpin

9 Nov 2012

Chinese meat processor Zhongpin has blamed higher costs and increased competition for a fall in quarterly profits.

CHINA: Zhongpin H1 profit slumps despite sales rise

9 Aug 2012

Chinese meat processor Zhongpin saw its half-year net profits slump 36% despite posting a rise in revenues.

CHINA: Zhongpin income falls despite sales jump

10 May 2012

Chinese pork group Zhongpin has seen its first-quarter profits drop almost 30% drop despite a 31% jump in sales.

Editor's choice: the highlights on just-food this week

16 Apr 2012

After a relaxing Easter break, news of another piece of M&A in the UK food sector emerged with a potential management buy-out at cake maker Lees Foods. Later in the week, another UK manufacturer, Adelie Food Holdings, made the headlines with news of its sale to an Indian buyer. Embattled retailers Carrefour and US grocer Supervalu Inc providing trading updates to the market. And, our pages carried an exclusive interview with the chairman and CEO of Spanish food manufacturer Ebro Foods. Click on the headlines for more.

Quote, unquote: just-food's week in words

16 Apr 2012

Carrefour's first-quarter and Supervalu's full-year results kept the just-food news desk busy this week, despite a shorter week following the Easter break. Carrefour's CFO in particular sounded an upbeat note on the firm's earnings call, despite its struggles in France. Supervalu chief executive Craig Herkert was equally optimistic, informing analysts of the firm's expectations for "another year of solid progress". Elsewhere, just-food spoke exclusively to Ebro Foods's chairman and CEO Antonio Hernandez Callejas who talked about the firm's growth plans and its battle with rising raw material costs.

CHINA: Assets frozen in Zhongpin insider-trading case

11 Apr 2012

The US Securities and Exchange Commission has frozen the assets of six Chinese citizens and one company charged with insider trading in shares of Chinese meat processor Zhongpin.

Quote, unquote: just-food's week in words

30 Mar 2012

The Food and Drink Expo took place in Birmingham, UK, this week, hosting a raft of manufacturers and grocers from across the UK's food and drinks sector.

CHINA: Zhongpin going private proposal to be investigated

28 Mar 2012

Chinese meat processor Zhongpin is being investigated for possible violations of state law after its chairman and CEO offered to take the company private in a share buy-out.

CHINA: Zhongpin FY profits climb

14 Mar 2012

Chinese meat processor Zhongpin saw its profits increase in fiscal 2011, boosted by higher sales and expansion of its operations.

CHINA: Zhongpin starts trial production at two sites

16 Dec 2011

Chinese meat processor Zhongpin has today (16 December) started trial production at two of its chilled and frozen pork products plants in China.

CHINA: Zhongpin profits climb in H1, raises guidance

9 Aug 2011

Chinese meat processor Zhongpin has booked an increase in first-half profits and increased its full-year guidance on the back of higher sales in the company's pork division.

CHINA: Zhongpin reports "very good start" to 2011

9 May 2011

Chinese meat processor Zhongpin said it had a "very good start to the year" as it recorded an increase in first quarter net income.

CHINA: Zhongpin sees sales, profits grow

7 Mar 2011

Chinese meat processing group Zhongpin has booked a rise in profits during fiscal 2010, boosted by a 30% jump in sales.

CHINA: Zhongpin to build US$58.5m R&D plant

14 Dec 2010

Chinese meat processor Zhongpin is to build a US$58.5m production, R&D and training complex in its home city of Changge in the country's Henan province.

CHINA: Zhongpin profits rise as Q3 sales jump

9 Nov 2010

Chinese meat processor Zhongpin has booked an 11% increase in third-quarter profits as sales jumped by almost a quarter.

CHINA: Zhongpin completes expansion project

2 Sep 2010

Chinese meat processor Zhongpin has completed a five-month expansion and improvement of its pork plant in the city of Anyang in the Henan province.

CHINA: Pork sales push up Zhongpin profits

10 Aug 2010

Higher pork sales have helped push up quarterly sales and profits at Chinese meat processor Zhongpin.

CHINA: Zhongpin plans pork expansion

27 Jul 2010

Chinese meat processor Zhongpin is to build a pork plant and logistics centre in the northern province of Jilin.

CHINA: Meat firm Zhongpin looks east

14 Jun 2010

Chinese meat group Zhongpin is to enter eastern China with the construction of a pork plan in Jiangyan.

CHINA: Zhongpin to build distribution centre

19 May 2010

Chinese meat and food group Zhongpin has started to build a cold-chain distribution centre in Changge, Henan province.

CHINA: Zhongpin expands meat production

25 Mar 2010

Chinese meat and food processor Zhongpin has announced plans to expand and improve production at its pork facility in Anyang in Henan province. .

CHINA: Capex investment pays off for Zhongpin

12 Mar 2010

Chinese meat processor Zhongpin yesterday (11 March) posted bumper 2009 profits and sales as the company benefited from moves to increase production capacity throughout the year.

CHINA: Zhongpin upbeat on pork prices

9 Feb 2010

Chinese meat processor Zhongpin has said it expects increased demand to drive up the price of its chilled and frozen pork products.

CHINA: Zhongpin issues FY profit outlook

11 Jan 2010

Chinese meat processor Zhongpin today issued its full-year profit outlook for 2010, with net income seen as high as US$57m.

CHINA: Pork price pressure takes sizzle out of Zhongpin

10 Nov 2009

Chinese meat processor Zhongpin has cited pressure on local pork prices for its decision to cut its financial targets for 2009.

CHINA: Zhongpin closes stock offering

20 Oct 2009

Chinese food maker Zhongpin has closed its previously announced public stock offering

US: Zhongpin prices stock offering

9 Oct 2009

Zhongpin has priced its previously-announced public offering of 4m shares at US$13.25 a share.

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