date:Apr 17, 2013
Chinas leading tilapia processor in terms of volume, Baiyang Aquatic in 2012 saw its revenues jump 15.5 percent to CNY 1.2 billion (USD 194 million, EUR 148 million) while profits jumped 59 percent to CNY 84 million (USD 14 million, EUR 10 million). The company attributes the increases to higher prices and recovering demand in its export markets.
According to Baiyang's just-published annual report, Chinas total amount of import and export aquatic products totaled 7.925 million tons, down 2.9 pe