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Hualv Biology expects net profit to fall by more than 90% in the first half

 Last Update: 2021-08-03
 Source: Internet
 Author: User

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On July 15, a reporter from the Beijing News learned that the edible fungus manufacturer Hualv Biology released a semi-annual performance forecast showing that in the first half of the year, Hualv Biology is expected to achieve a net profit of less than 5 million yuan, and a profit of 71.

Regarding the decline in performance, China Green Biotech stated that the overall market price of edible fungi declined during the reporting period, which caused the company's product sales unit prices to drop more

In addition, Hualv Biotech stated that due to the impact of the domestic and foreign environment, the price of raw materials for the production of edible fungi rose significantly during the reporting period, and the unit cost of products rose significantly

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