 Home > Biochemistry News > Amino Acids Research > Dacheng Biochemical Technology's 2019 loss attributable to shareholders narrowed by 12.64% year-on-year to HK$1.068 billion

Dacheng Biochemical Technology's 2019 loss attributable to shareholders narrowed by 12.64% year-on-year to HK$1.068 billion

 Last Update: 2021-08-29
 Source: Internet
 Author: User

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Dacheng Biochemical Technology announced its annual results for the year ended December 31, 2019.

The announcement stated that the decrease in revenue was mainly due to the decline in sales of the downstream amino acid and sweetener segments of the group

On the other hand, although the feed industry’s demand for corn has shrunk due to the impact of African swine fever, the supply of corn pellets has been reduced as China’s stale corn stocks are gradually digested, and the demand for the biofuel industry has continued to be strong this year.

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