date:Mar 06, 2013
Want Want, known in China for its rice crackers and snacks, posted a record net profit of $553.8 million for the year ended December, up from $419.5 million a year earlier and in line with market expectations of $556 million according Thomson Reuters Starmine SmartEstimate.
Turnover grew 14 percent to $3.36 billion.
Want Want, which has market value of $18.70 billion, competes with Tingyi (Cayman islands) Holding Corp (0322.HK), China Mengniu Dairy Co Ltd (2319.HK), and Uni-President China Hol