View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
April 22, 2008

CHINA: Sales jump at frozen food firm First Natural

First Natural Foods, China’s largest frozen natural food manufacturer, saw 2007 turnover rise to CNY739.5m (US$105.8m) – a 36% year-on-year increase.

First Natural Foods, China’s largest frozen natural food manufacturer, saw 2007 turnover rise to CNY739.5m (US$105.8m) – a 36% year-on-year increase.

Profit from operations increased by 11% to CNY236.8m.

Turnover from frozen seafood totalled RMB327.3m, while frozen functional food sales reached CNY375.8m. Revenue from convenience foods, the smallest division, reached RMB34.2m.

Commenting on the results, Yeung Chung Lung, First Natural chairman, said: “The group recorded a satisfactory performance in 2007.

“During the review year, the growth in the group’s turnover was mainly attributable to our placing food safety on the top importance, which secured customers’ confidence and also granted us as the model exporter of agricultural product processing industry in China.”

Related Companies

Topics in this article: , ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Food