2015 COFCO Semi-Annual Report: Net profit loss of 323 million yuan decreased 14.5 times

On August 28,, COFCO released its 2015 semi-annual reportDuring the reporting period, the Company achieved operating income of RMB349,342.71 million, up 0.04% YoY, and net profit attributable to the parent company was RMB32,341.78 million, down 1,451.30% YoYKTR
In the first half of 2015, the company's main productmarket competition, raw material prices continue to be highCitric acid, lysine overcapacity, product prices continue to be depressed, international oil prices continue to weaken, fuel ethanol prices continue to decline trendKTR
On August 28th, COFCO released its 2015 semi-annual reportDuring the reporting period, the Company achieved operating income of RMB349,342.71 million, up 0.04% YoY, and net profit attributable to the parent company was RMB32,341.78 million, down 1,451.30% YoYKTR
In the first half of 2015, the company's main productmarket competition, raw material prices continue to be highCitric acid, lysine overcapacity, product prices continue to be depressed, international oil prices continue to weaken, fuel ethanol prices continue to decline trendKTR
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