China’s largest pork producer People’s Food Holdings has announced that it expects a 2002 net profit of at least 811m yuan (US$98.1m), compared with 614.8m yuan net profit in 2001.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


For the six months ended June, profit rose 26% to 392m yuan, compared to the previous year.


The company also announced that it has been granted in-principal approval from the Hong Kong Stock Exchange for a dual primary listing. It intends to maintain its Singapore listing but wants to encourage Hong Kong investors and enhance the company profile, reported Reuters.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now