Double-sinks development net profit 465 million year-on-year increase 27.54%

A finance line for the first half of this year pig herds rich, live pig purchase price has continued to decline and long-term low hovering, which makes the meat enterprise double sinks development (000895.　　SZ) benefited greatly. Today, the development of the 2010.5 Annual report said that the benefit of the two major products during the period of meat, fresh frozen meat sales increase to boost revenue, the first half of the company to achieve a net profit of 465 million yuan, 27.54% year-on-year.　　The company's revenue reached 16.577 billion yuan, an increase of 27.82%, the realization of basic earnings per share of 0.7671 yuan, increased by 27.54%. For the cause of performance improvement, the development of double sinks, one is to benefit from this year's long-term low price of live pig purchase, second, as the domestic economic situation rebounded and continue to good, the total retail sales of consumer goods continue to steady and rapid growth, meat products consumption has maintained a better growth posture. At the same time, the company also continued to innovate the procurement model, the implementation of order procurement and parity purchase policy, increase the development of farm and medium-sized customers, optimize customer structure, improve the local procurement ratio, reduce procurement costs; Further promote the construction of the basic network through market refinement, develop the weak market in the county and township, To promote the effective expansion of production scale, adjust product sales channels and sales structure, expand supermarkets and other high-end market and high-end products sales, improve product profitability level.　　These measures have effectively increased the total sales of the company. Double sinks development due to the company has a major asset reorganization, since March 22 suspended from business to date, the company is expected to be a duplicate on September 6.