China’s leading shrimp exporter, Guolian Aquatic, is reporting a rise in net profits of between 695.8 and 729.9 percent for the first half of the year.
The firm attributes the dramatic rise down to an increase in domestic distribution channels and a “consolidation” of export dominance. It also credits the monetization of several project developed in its research and development programs.
Guolian’s results come on the back of lower bases in earlier years as the firm invested heavily in new capacity and research and development.
