Angel Yeast announces net profit of 280 million in Q1, 2018
date：2018-06-14
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Keyword： Angel Yeast, announces net profit of 280 million
On April 20, Angel Yeast (600298) released its Q1, 2018 report. The company achieved operating revenue of 1.63 billion yuan, a year-on-year increase of 14.9 percent; net profit attributable to shareholders was 277 million yuan, a year-on-year increase of 30.24 percent. The increase in net profit was attributed to the increase in sales scale, increase in profitability, and the effect of economies of scale.
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