129784668197085000_331 <a href="http://www.power-leveling.co.uk/tera/">tera power leveling</a>Animal husbandry and original food unrest down: top five customers of the lower increases in natural
Decline in net profit the previous year, net profit last year was an increase of more than 300%, animal husbandry and raw foods with "impressive" began to impact the financial data of the capital markets. But behind the impressive performance is the distrust in the market. Animal husbandry and original food business for pigs and pig breeding and sales of goods, mainly products for pigs, pig. Animal husbandry and the food this time intends issuing 70.68 million shares, after the release ofTotal equity at 282 million shares. Company intends to raise up to $ 667 million Yuan to build Dengzhou animal husbandry and original culture of limited "industrialization project of year slaughter of 800,000 pigs". 2011 annual results of the company rapid growth was a major attraction. The business news reporter found access to animal husbandry and original food offerings, 2011, 2010, 2009 business resumptionIn 1.134 billion, respectively, and 428 million; net profit of 357 million, as well as 94.35 million, respectively. Animal husbandry and raw foods said in a prospectus, company business performed well during the reporting period, operating income and net income are maintained a high growth rate. Performance has increased mainly due to the 2011 pig prices rise sharplySales revenue reached 177%. For grazing, however the original food 2011, growth in such a beautiful performance, markets also questioning voices: 2011 annual results of the company douzeng, the top five customers specializing in income over 50%, the natural person to occupy three seats, which also added natural customers, customers of natural persons "pig dealers" Bill with cash, not let outside on theirSales and income growth raises questions. Prospectus shows that grazing pig original food mainly selling customer type for slaughtering and processing enterprises
tera gold, and "pig dealers," 2011 "pig dealers" purchase amount reached 81.94%. Company top five suppliers during the reporting period, and in the top five customers there are natural persons. Insiders pointed out that customers natural persons do not appear in the lowerSee, animal husbandry and raw food in the prospectus of "pig dealers" in comparison with institutional clients, purchasing capacity
tera gold, capacity to pay, duration of operation, management and business development capacity more easily under the influence of market wish fittest competition mechanism and its operation. And animal husbandry and the original food 2011 also in the top five customers have added natural persons, compared to natural forward customer purchases goldAmount, customer purchase amount than the continued increase of natural persons. The industry said, if a natural person the most universal on procurement of pig wishes to reduce size, frequency, to a certain extent, have an adverse effect on the company's sales. In addition, animal husbandry and raw food during the reporting period was sitting in cash, also had to finance the opening of bank accounts in their personal capacityPublic funds to settle. Company says that animal husbandry and raw food on the internal control of cash receipts and cash payments of sound and effective, cash sitting behavior of operating income and operating costs does not affect the company reflect fair, did not have a significant adverse effect on the business of the issuer.
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