Exports Grow, Profits Under Pressure
date:May 30, 2012
. The Company has its market mainly in Liaoning province, from which its revenue in 2011 swept 96.6% of the companys total revenue, but featuring a high risk for single regional management.


Homey Group and Zhangzidao Fishery Group, which are specialized in aquaculture, also enjoy relatively high consolidated gross margins, up to 22.7% and 34.1% separately in 2011. Development strategy of Homey Group is still focused on the development of sea cucumber breeding business, with catches up to 2,282
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