ABF Reports Major Revenue Drop on Falling Sugar Prices
date:Jan 20, 2014
ial year end.

All five factories in south China made a good start to their campaign with sugar content and extraction both ahead of last year. Production volumes in the north were held back by flooding in Heilongjiang and fewer factories in operation following the rationalisation last year. With the benefit of recent cost reduction measures and improved factory performance in the north, we expect the China sugar business to deliver a substantial improvement in profitability this year.

In Groce
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