Profile: Sichuan New Hope Agribusiness Co

Sichuan New Hope Agribusiness Co (SHE: 000876) is China's biggest feed manufacturer and distributor by market value. The Chengdu, Sichuan province-based company posted ¥7.79 billion in revenues and ¥579.48 million in net profits for 2010, up from ¥6.8 billion and ¥408.61 million respectively from the year before. Its feed output rose 5.2% to 1.32 million tons in 2010, during which it also sold 284,500 tons of dairy products, down 0.5%, and 232,700 tons of pork, up 43.3%. It had 10,258 employees as of December 31, 2010. Sichuan New Hope was founded and listed on the Shenzhen Stock Exchange in 1998.

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