Liaoning Wellhope Agri-Tech Joint Stock Co., Ltd. Provides Earnings Guidance for the First Quarter of 2020
April 14, 2020
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Liaoning Wellhope Agri-Tech Joint Stock Co., Ltd. provided earnings guidance for the first quarter of 2020. For the quarter, the company expects net profit belonging to shareholders of the listed company in the 1st quarter of 2020 will be between RMB 280 million and RMB 290 million, with an increase of between 98.58% and 105.67% compared with the same period of the year before.
Wellhope Foods Co Ltd is a China-based company primarily engaged in the production and sales of feed. The Company is mainly engaged in three businesses. The feed and feed raw material trading business is mainly engaged in the production and sales of pig feed, poultry feed, ruminant feed and other feed, as well as bulk feed raw materials such as fish meal, soybean meal, corn by-products, and feed additive products such as amino acids, antioxidants, antifungal agents, and vitamins. The meat and poultry business is mainly engaged in broiler breeder chicken breeding, hatching, feed production, commercial broiler chicken breeding, broiler slaughtering and processing, as well as deep processing of prepared products and cooked food. The pig business is mainly engaged in breeding and sales of breeding pigs, sales of commercial piglets, free-range fattening pigs and a small amount of self-raising, and pig slaughtering. The Company mainly conducts its businesses in the domestic market.
WELLHOPE FOODS CO., LTD. 
