date:Aug 05, 2013
The food and wine distributor, which is backed by China's state-owned COFCO Corporation, is due to announce its first half results before the end of August, it said in a filing to the Hong Kong bourse.
In June, China Foods said it made a net loss in the first four months of 2013, compared to a profit in the same period a year ago, led by a fall in sales of mid-range and high-end wines due to government restrictions on entertainment and hospitality, and a drop in its food business due to strong