date:Mar 19, 2013
ed January-February sales for China were down 13 percent from the same period a year earlier.
Hong Kong-listed Tingyi is more than 33 percent controlled by Ting Hsin (Cayman Islands) Holding Corporation.
Tingyi said its profit for 2012 rose 8.5 percent to its $455.2 million, its second-highest annual result ever. But that lagged market expectations of $485.65 million, according to Thomson Reuters Starmine SmartEstimate.
By contrast, rival Want Want China Holdings Ltd, the country's top food a