The mid-term net profit of the Holy Agriculture development is about 70 million down 14.29%

NetEase Finance July 16 News of the development of the Friday evening in the Shanghai SSE published 2010.5 annual report.　　The Half-year report shows that in the first half of 2010, the company realized operating income of 867 million yuan, an increase of 45.08%, to achieve total profit of 69.4482 million yuan, fell 14.7%, achieve net profit 6,944 670,000 yuan, down 14.29%. Saint-Agriculture development said that during the reporting period, the domestic corn prices continued to rise and the chicken market prolonged downturn to the aquaculture industry has brought enormous operating pressure. Company profit still comes from the integrated industry chain of broiler. There has been no significant change in the profit structure compared to the same period last year.　　Although the flood of the hundred years of the reporting period has caused losses and impacts on the company, however, the company's main assets have been insured, this reporting period has reflected the company's confirmed losses and insurance companies initially confirmed the amount of claims, but the final amount of compensation needs to be further confirmed, the final direct net loss is expected to not exceed 5 million yuan. Profit distribution plan: the development of the San Nong 10 shares of cash dividends 1.8 yuan (including tax), the total distribution of cash dividends of 73.8 million yuan, the remaining unallocated profit of 286 million yuan carried forward the next year.　　2009, the company does not carry out Capital Provident Fund to increase equity.　　At present, the main business of the development of Saint-Agriculture is broiler feeding and broiler slaughter processing, mainly products are chicken, and mainly to split frozen chicken product form, sales to KFC and other fast-food enterprises, as well as food processing enterprises, wholesale markets and other market areas. As of July 16, the San Nong Development newspaper 26.25 Yuan, Rose 4.17%.