Product price fall Dentons biochemical profit and loss

was dragged down by a decrease of about 10% in the average selling price of the product, with Dentons Biochemicals (0809) turning a profit in 2009 and shareholders accounting for a loss of $14.98 million, or 0.6 cents per share, withno ending dividends, compared with a net profit of $622 million in 2008In addition, Dentons's Dentons Sugar (3889) 09 net profit fell 44.5% to 85.68 million yuan, earnings per share of 8.2 cents, and a final dividend of 1 centThe net profit of Dentons Sugar industry fell by 44.5% - for the period loss of nearly 15 million yuan, Dentons Co-Chairman Liu Xiaoming explained, mainly due to the average selling price of various products fell by about 10%, as well as some of the decline in sales, in which the average selling price of amino acid products fell by 22%However, he pointed out that since the second half of last year, business has gradually recovered from the trough in the first half of this year, and the prices of various products have also started to pick up in the first quarter of this year, so it is expected that the overall business will improve this year compared with last year, but whether it will turn a profit, is cautiously optimisticAt the same time, Dentons Bio expects to spend about 500 million yuan this year on capital expenditure, mainly for the supporting facilities of the new plant, and last year the company's capital expenditure was about 550 million yuancorn prices are at all-time highs - Xu Zhouwen, co-chairman of Dentons Biochemicals, also said corn prices are now at an all-time high and the market's recent purchase price has risen to Rmb1,710-1,730 a tonne, but the mainland government has taken steps to take out inventories to balance prices, and the government will still launch a market for about 1m tonnes of corn next MondayWith corn production expected to be the same this year as last year, at about 140 million tons, there is little chance that corn prices will rise sharply again this yearThis year, he said, the company's corn purchase price was about Rmb1,500-1,600 a tonne, up slightly from Rmb1,500-1,560 last yearAlthough the price of corn has increased, the price of the product has also increased, thus offsetting the negative impact of the increase in corn pricesHe also expects the gross margin and selling prices of the company's products to pick up this yearwas dragged down by a decrease of about 10% in the average selling price of products, with Dentons Biochemicals (0809) turning a profit in 2009, and shareholders should account for a loss of $14.98 million, or 0.6 cents per share, without paying final dividends, while the company's net profit in 2008 was $622 millionIn addition, Dentons's Dentons Sugar (3889) 09 net profit fell 44.5% to 85.68 million yuan, earnings per share of 8.2 cents, and a final dividend of 1 centThe net profit of Dentons Sugar industry fell by 44.5% - for the period loss of nearly 15 million yuan, Dentons Co-Chairman Liu Xiaoming explained, mainly due to the average selling price of various products fell by about 10%, as well as some of the decline in sales, in which the average selling price of amino acid products fell by 22%However, he pointed out that since the second half of last year, business has gradually recovered from the trough in the first half of this year, and the prices of various products have also started to pick up in the first quarter of this year, so it is expected that the overall business will improve this year compared with last year, but whether it will turn a profit, is cautiously optimisticAt the same time, Dentons Bio expects to spend about 500 million yuan this year on capital expenditure, mainly for the supporting facilities of the new plant, and last year the company's capital expenditure was about 550 million yuancorn prices are at all-time highs - Xu Zhouwen, co-chairman of Dentons Biochemicals, also said corn prices are now at an all-time high and the market's recent purchase price has risen to Rmb1,710-1,730 a tonne, but the mainland government has taken steps to take out inventories to balance prices, and the government will still launch a market for about 1m tonnes of corn next MondayWith corn production expected to be the same this year as last year, at about 140 million tons, there is little chance that corn prices will rise sharply again this yearThis year, he said, the company's corn purchase price was about Rmb1,500-1,600 a tonne, up slightly from Rmb1,500-1,560 last yearAlthough the price of corn has increased, the price of the product has also increased, thus offsetting the negative impact of the increase in corn pricesHe also expects the gross margin and selling prices of the company's products to pick up this year(name)