Thursday, March 19, 2009

Sanyuan gains

BEIJING Sanyuan Foods Co, the only listed company to sell melamine-free products during the country's dairy scandal, said yesterday its net profit in 2008 jumped 87.2 percent from a year earlier. Net profit rose to around 40.75 million yuan (US$5.96 million), up from 21.77 million yuan in 2007.

Earnings per share was 0.06 yuan last year, doubling the level of 0.03 yuan in 2007, according to the company's statement to the Shanghai Stock Exchange.

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