Chinese feed producer Guangdong Haid projects a surge in profits

Guangdong Haid, an aquafeed firm based in Guangdong, China, is projecting a 15 to 32 percent increase in profits in the third quarter of 2022.

In recently issued guidance, the company said it expects to post a net profit of CNY 2 to CNY 2.3 billion (USD 275 million to 317 million, EUR 279 million to 321 million) in Q3 2022.

The results confirm that Haid, one of China’s top three feed supplier with a seven percent share of the feed market, has ... 

Photo courtesy of Guangdong Haid