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(Hong Kong, 28 April 2014) ¨C China Yurun Food Group Limited (¡°Yurun Food¡± or the ¡°Company¡±, and together with its subsidiaries, the ¡°Group¡±) (SEHK: 1068) announced the summary of unaudited key consolidated financial figures for the first three months of 2014 of Nanjing Yurun Food Co., Ltd. (¡°Nanjing Yurun¡±), a wholly-owned subsidiary of the Company, on 24 April 2014. For the first quarter (¡°1Q¡±) of 2014, Nanjing Yurun recorded the consolidated operating revenue of RMB$3,048 million and the consolidated net profit was RMB$6 million, representing a significant increase of 100% over the same period in 2013 (2013 1Q: approximately RMB$3 million).
The summary set out below is the key financial figures of the Nanjing Yurun¡¯s consolidated financial information:
During 2014 1Q, the upstream hog slaughtering and the overall business performance of the Group was in alignment with the Company¡¯s expectation. The management will continue to take all effective measures to achieve profit maximization and strive for better long-term investment return to its shareholders.
The Nanjing Yurun¡¯s consolidated financial information and its summary disclosed in this press release and published in the relevant websites in the PRC are prepared in accordance with the PRC Generally Accepted Accounting Principles. The unaudited consolidated financial information for the three months ended 31 March 2014 may require adjustment during the course of auditing. In addition, the information contained therein is limited solely to Nanjing Yurun and its subsidiaries, which does not provide a full picture of the operation status of the Group. Shareholders and potential investors should exercise caution when dealing in the shares of the Company and should not rely solely on such information.
-The End-
About China Yurun Food Group Limited (Stock Code: 1068)
Leveraging on its vertically-integrated business model and strategically located production plants, Yurun Food is the leading meat-processor and meat products supplier in China. With its well-established food brands, sound production facilities, diversified distribution channels, high food safety standards as well as stringent internal control on quality, Yurun Food will further strengthen its leading position in the industry.
Company website: www.yurun.com.hk
Issued by Wonderful Sky Financial Group Holdings Limited for and on behalf of China Yurun Food Group Limited.
For further information, please contact:
China Yurun Food Group Limited
Email: ir@yurun.com.hk
Fax: (852) 3927 3300
Wonderful Sky Financial Group Holdings Limited
Media Relations:
Connie Liu/ Henry Li / Faye Fang / Juliet Jin
Tel£º(852) 3970 2290/3970 2167/3970 2176 / 3927 2129
Fax£º(852) 2598 1588
E-mail£ºconnieliu@wsfg.hk/ henryli@wsfg.hk/ fayefong@wsfg.hk / julietjin@wsfg.hk
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